The Nobel Foundation is a private institution founded on 29 June 1900 to manage the finances and administration of the Nobel Prizes. The foundation is based on the last will of Alfred Nobel, the inventor of dynamite.
It also holds Nobel Symposia on important breakthroughs in science and topics of cultural or social significance.
The Nobel Prize in Chemistry is awarded annually by the Royal Swedish Academy of Sciences to scientists in the various fields of chemistry. It is one of the five Nobel Prizes established by the will of Alfred Nobel in 1895, awarded for outstanding contributions in chemistry, physics, literature, peace, and physiology or medicine. This award is administered by the Nobel Foundation and awarded by the Royal Swedish Academy of Sciences on proposal of the Nobel Committee for Chemistry, which consists of five members elected by the academy. The award is presented in Stockholm at an annual ceremony on December 10, the anniversary of Nobel's death.
The first Nobel Prize in Chemistry was awarded in 1901 to Jacobus Henricus van 't Hoff, of the Netherlands, "for his discovery of the laws of chemical dynamics and osmotic pressure in solutions". From 1901 to 2024, the award has been bestowed on a total of 195 individuals. The 2024 Nobel Prize in Chemistry was awarded to Demis Hassabis and John Jumper for protein structure prediction and to David Baker for Computational Protein Design. As of 2022, eight women had won the prize: Marie Curie (1911), her daughter Irène Joliot-Curie (1935), Dorothy Hodgkin (1964), Ada Yonath (2009), Frances Arnold (2018), Emmanuelle Charpentier and Jennifer Doudna (2020), and Carolyn R. Bertozzi (2022).
The Nobel Prizes are awards administered by the Nobel Foundation and granted in accordance with the principle of "for the greatest benefit to humankind". The prizes were first awarded in 1901, marking the fifth anniversary of Alfred Nobel's death. The original Nobel Prizes covered five fields: physics, chemistry, physiology or medicine, literature, and peace, specified in Nobel's will. A sixth prize, the Prize in Economic Sciences, was established in 1968 by Sveriges Riksbank (Sweden's central bank) in memory of Alfred Nobel. The Nobel Prizes are widely regarded as the most prestigious awards available in their respective fields.
Except in extraordinary circumstances, such as war, all six prizes are given annually. Each recipient, known as a laureate, receives a green gold medal plated with 24 karat gold, a diploma, and a monetary award. As of 2023, the Nobel Prize monetary award is 11,000,000 kr, equivalent to approximately US$1,035,000. The medal shows Nobel in profile with "NAT. MDCCCXXXIII-OB. MDCCCXCVI" which is his year of birth, 1833 (NAT) and year of death, 1896 (OB). No more than three individuals may share a prize, although the Nobel Peace Prize can be awarded to organisations of more than three people. Nobel Prizes are not awarded posthumously, but if a person is awarded a prize and dies before receiving it, the prize is presented.
The Nobel Memorial Prize in Economic Sciences, often referred to as the Nobel Prize in Economics, is an award in the field of economic sciences administered by the Nobel Foundation. Officially, it is titled the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (Swedish: Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), established in 1968 by Sweden's central bank, Sveriges Riksbank, to celebrate its 300th anniversary and in memory of Alfred Nobel.
Although the prize was not one of the original five Nobel Prizes established by Alfred Nobel's will, it is considered part of the Nobel Prize framework and is administered and referred to along with Nobel Prizes by the Nobel Foundation. Laureates of the Prize in Economic Sciences are chosen in a similar manner to and announced alongside the Nobel Prize recipients, and receive the Prize in Economic Sciences at the Nobel Prize Award Ceremony.
The Nobel Prizes (Swedish: Nobelpriset, Norwegian: Nobelprisen) are awarded annually by the Royal Swedish Academy of Sciences, the Swedish Academy, the Karolinska Institutet, and the Norwegian Nobel Committee to individuals and organizations who make outstanding contributions in the fields of chemistry, physics, literature, peace, and physiology or medicine. They were established by the 1895 will of Alfred Nobel, which dictates that the awards should be administered by the Nobel Foundation. An additional prize in memory of Alfred Nobel was established in 1968 by Sveriges Riksbank (Sweden's central bank) for outstanding contributions to the field of economics. Each recipient, a Nobelist or laureate, receives a gold medal, a diploma, and a sum of money which is decided annually by the Nobel Foundation.