So I'm writing a paper about a Nobel Prize laureate, and I'd like to include a bit of explanation as to how the prizes are awarded. Where exactly does the award money come from? Alfred Nobel's will states that he wanted his wealth to be put into a fund, but over a hundred years later, are we still taking money from Nobel's pocket? Has it accumulated with interest over the years? Or is it built up with donations or other fund raising? I'm terribly confused.
Also, are there any other important details about how the prizes are awarded today that I should include?
Also, are there any other important details about how the prizes are awarded today that I should include?