Nobel Foundation
Private institution managing the finances and administration of the Nobel Prizes
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![Nobel Foundation: Private institution managing the finances and administration of the Nobel Prizes](https://www.newsr.in/en/knowledge/Nobel-Foundation_20181016.jpg)
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.
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