The establishment of independent Nobel Prize selection committees to fulfill the purpose of Alfred Nobel's will, and a separate foundation tasked with over-seeing Nobel's financial legacy, has produced an intricate organizational model. These initial organizational units have since been supplemented by exhibitions centers, a rights management organization, and an information and media outfit, creating a network of organizations centred around a common core, the Nobel Prize.
The Nobel Foundation
The Nobel Foundation in Stockholm, Sweden, was established in 1900 in order to manage the financial legacy of Alfred Nobel, soon also the annual Nobel week in December. With time, institutions like Nobel Prize Outreach and Nobel Group Interests have been added to the organizational infrastructure, tasked with organizing legal affairs, common administrative burdens, information management, branding, intellectual property rights and outreach activities. Read more here.
The Nobel Peace Center
Nobel Peace Center is the museum of the Nobel Peace Prize. The center opened in June 2005 and aims to tell the story of the peace prize laureates and their work, Alfred Nobel and the Nobel Peace Prize. The center also serves as an arena for current social debate. Read more on Nobel Peace Center's website.
The Nobel Prize Museum
Nobel Prize Museum was established in 2001 and is located in Stockholm. Based on the Nobel Prize's combination of fields - natural sciences, literature and peace - the museum hosts exhibitions, school programmes, lectures and dialogues about the great issues of our time. Read more on Nobel Prize Museum's website.