Fact check: How is the Nobel Peace Prize funded?

1. Summary of the results

The Nobel Peace Prize is funded by the Nobel Foundation's invested capital, which was SEK 5,799 million at the end of 2022 ^[1]. The foundation's investments and financial management are crucial for maintaining the prize's value and prestige ^[2]. The Nobel Foundation increases the prize amount to 11 million kronor, stating it is financially viable to do so, implying that the Nobel Peace Prize is funded by the Nobel Foundation's financial resources, which are sufficient to support the increased prize amount ^[3]. The Nobel Foundation was founded in 1900 to invest Alfred Nobel's fortune, which is the primary funding source for the Nobel Prizes, including the Nobel Peace Prize ^[2].

• The prize amount for 2023 was increased to SEK 11 million per category ^[1].
• The Nobel Foundation's total invested capital and the prize amount suggest that the Nobel Peace Prize is funded by the Nobel Foundation's invested capital ^[1].
• The foundation's activities and finances are related to the funding of the Nobel Peace Prize ^[4].

2. Missing context/alternative viewpoints

Some sources do not provide direct information on how the Nobel Peace Prize is funded, instead focusing on other topics such as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ^{[5] [6]}, EU research funding ^[7], or the American Cancer Society's connection to Nobel Prize winners ^[8]. Alternative viewpoints on the funding of the Nobel Peace Prize may include the role of donations or other financial contributions, but these are not mentioned in the provided analyses ^{[9] [2] [8] [5] [7] [6] [1] [4] [3]}. Key omitted facts may include the specific investment strategies of the Nobel Foundation or the breakdown of the foundation's expenses, which could provide further insight into the funding of the Nobel Peace Prize ^{[2] [1]}.

• The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel is awarded by the Swedish central bank and has a prize money of 11 million Swedish kronor ^[6].
• The Nobel Foundation's financial management and investments are crucial for maintaining the prize's value and prestige ^[2].
• The American Cancer Society's connection to Nobel Prize winners does not provide information on the funding of the Nobel Peace Prize ^[8].

3. Potential misinformation/bias in the original statement

The original statement asks how the Nobel Peace Prize is funded, but does not provide any context or information about the prize or its funding ^{[9] [2] [8] [5] [7] [6] [1] [4] [3]}. Potential bias may exist in the presentation of the Nobel Foundation's financial resources and management, as some sources may have a vested interest in portraying the foundation's financial situation in a certain light ^{[2] [1]}. Who benefits from this framing may include the Nobel Foundation itself, as well as the recipients of the Nobel Peace Prize, who may benefit from the increased prize amount and the prestige associated with the award ^{[1] [3]}.