Nobel Foundation
- The Nobel Foundation is a private institution founded in 1900 to administer the Nobel Prizes.
- The foundation is based on the last will of Alfred Nobel, inventor of dynamite.
- The Nobel Foundation holds Nobel Symposia on important scientific breakthroughs and cultural topics.
- Alfred Nobel left 94% of his assets, 31 million Swedish kronor, to establish the five Nobel Prizes.
- The Nobel Foundation manages the fortune left by Nobel and represents the Nobel Prize to the world.
- The Nobel Foundation is exempt from taxes in Sweden and the United States.
- The Nobel Foundation has initiated Nobel Symposia since 1965 to cover areas of science and cultural topics.
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