The Nobel Foundation

The Nobel Foundation is a private organization established in 1900 to manage the assets and awards associated with the Nobel Prizes. These prestigious international honors recognize outstanding achievements in fields such as science, literature, medicine, peace, and economics. The Foundation ensures that the Nobel Prizes are awarded annually, manages the financial endowment, and upholds the integrity and tradition of these awards. It also organizes the ceremonies and maintains the legacy of Alfred Nobel, the inventor of dynamite, who left his fortune to fund the prizes aimed at honoring those who contribute significantly to humanity.