The Nobel Organizations

The Nobel Organizations

The Nobel Prize is surrounded by several organisations and institutions with different tasks related to the prize.

The Nobel Foundation

The Nobel Prize is financed by the Nobel Foundation, a private institution established in 1900 based on the will of Alfred Nobel.

The Nobel Prize Awarding Institutions

The process of selecting the Nobel Laureates is exclusively handled by the Nobel Prize awarding institutions.

The Royal Swedish Academy (Nobel Prize in Physics, Nobel Prize in Chemistry and Prize in Economic Sciences)
The Nobel Assembly at Karolinska Institutet (Nobel Prize in Physiology or Medicine)
The Swedish Academy (Nobel Prize in Literature)
The Norwegian Nobel Committee elected by the Norwegian Parliament (Nobel Peace Prize)

The Nobel Foundation Rights Association

To meet the demands of a constantly growing global audience when it comes to information of high quality, regarding the Nobel Laureates and their achievements, via a number of platforms, the Nobel Foundation Rights Association was established in 1999. This non-profit association has an overall function as the umbrella organisation for the following four units:

Nobel Web AB

Nobel Web manages Nobelprize.org with the mission of global dissemination of information about the Nobel Prize and the Nobel Laureates with the aim to uphold the position and status of the Nobel Prize.

Nobel Media AB

Nobel Media manages and develops media rights connected with the Nobel Prize, in the areas of TV and web production, distribution, publishing and events to reach a global audience.

Nobel Museum AB

The Nobel Museum illustrates a century of creativity through the Nobel Prize and the achievements of the Nobel Laureates. The Nobel Museum is located in the Old Town in Stockholm, Sweden.

Nobel Peace Center Foundation

The Nobel Peace Center is an institution aimed at presenting the Nobel Peace Prize and the work of the Nobel Peace Prize Laureates. The Nobel Peace Center is located at Rådhusplassen in Oslo, Norway.

Financing of Informational Activities

The companies Nobel Web AB, Nobel Museum AB, Nobel Media AB in Stockholm as well as the Nobel Peace Center Foundation in Oslo are all externally financed, e.g. via subsidies from state or local governments, corporate sponsors, educational organisations and philanthropic entities