The Nobel Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237328457 ✦ Designated as a 501(c)(3)

Overview

What is The Nobel Foundation?

The Nobel Foundation, established in 1900, is a nonprofit organization based in Stockholm, Sweden. Its primary mission is to manage the assets bequeathed by Alfred Nobel for the purpose of awarding the prestigious Nobel Prizes in Physics, Chemistry, Physiology or Medicine, Literature, and Peace. Since 1901, the foundation has granted a total of 989 Nobel Prizes. Through this mission, the Nobel Foundation plays a pivotal role in recognizing and honoring exceptional individuals and their groundbreaking achievements in various fields.


Is The Nobel Foundation legitimate?

The Nobel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nobel Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $211,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $531,059

For more financial information, click here


What is the mission statement of The Nobel Foundation?
Who is the CEO of The Nobel Foundation?
What is the revenue of The Nobel Foundation?
Who are the executives of The Nobel Foundation and what are their salaries?
Where can I find the form 990 for The Nobel Foundation?

Mission Statement of The Nobel Foundation

The Nobel Foundation, established in 1900, serves as the financial backbone for the esteemed Nobel Prizes. Founded through the will of Alfred Nobel, this organization manages the assets designated for recognizing achievements in Physics, Chemistry, Physiology or Medicine, Literature, and Peace. By overseeing these funds, The Nobel Foundation enables the annual presentation of these prestigious awards. To date, the organization has bestowed a total of 989 Nobel Prizes since their inception in 1901.

Impact

This information is meant to be a general summary of The Nobel Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Nobel Foundation plays a crucial role in managing the assets made available through Alfred Nobel's will for awarding the prestigious Nobel Prizes in various fields including Physics, Chemistry, Physiology or Medicine, Literature, and Peace. Since its formation in 1900, the Foundation has been instrumental in financing the Nobel Prizes and covering expenses related to the awarding process. With a total of 989 Nobel Prizes awarded since 1901, the Foundation has significantly impacted the fields of science, literature, and peace by recognizing exceptional achievements and contributions. Through its commitment to honoring excellence and promoting advancements in various disciplines, the Nobel Foundation continues to inspire individuals and societies worldwide.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $12,531,297
  • Program Service Revenue: $0
  • Gross Receipts: $57,349,524

    • Assets and Liabilities:
  • Total Assets: $389,681,008
  • Total Liabilities: $6,348,970
  • Net Assets: $383,332,038
  • Organization Details

    Founding Year

    1900

    Principal Officer

    Annica Lager

    NTEE Category

    Code: U00 - Science research

    If you are a representative of The Nobel Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.