- Wolf Foundation
The Wolf Foundation was established in
1975 by Dr. Ricardo Wolf, a German-borninventor and formerCuba n ambassador toIsrael .Ricardo Wolf
Dr. Ricardo Wolf was the founder of the Wolf Foundation. He was a German-born
inventor ,diplomat ,philanthropist and formerCuba n ambassador toIsrael . For many years, he worked to develop a process for recovering iron from smelting process residue. Ultimately successful, his invention was utilized in steel factories all over the world, bringing him considerable wealth. He established the Wolf Foundation in1975 .About the Wolf Foundation
The Foundation began its activities in 1976, with an initial endowment fund of ten million dollar donated by the Wolf family. The major donors were Ricardo Wolf and his wife Francisca. Annual income from investments is used for prizes, scholarships and Foundation operating expenses.
It has a status of a private not-for-profit organization in Israel. It is tax-exempt. The objectives and prize administration details and procedures of the Foundation are grounded in the "Wolf Foundation Law-1975". State Comptroller of Israel oversees all Foundation’s activities. In accordance with the Law mentioned above, the Minister of Education and Culture acts as Chairman of the Council.
The Foundation Trustees, Council and Committee Members, Prize Juries, and Internal Auditor perform their duties on a voluntary basis.
The aims of the Wolf Foundation
The aims of the Wolf Foundation are:
1. To award prizes to outstanding scientists and artists for achievements in the interest of mankind and friendly relations among peoples. The prize is awarded irrespective of
nationality , race,color ,religion ,sex orpolitical views.2. To award scholarships to
undergraduate andgraduate students, and grants to scientists engaged in research at institutions ofhigher education in Israel.The Wolf Prize
The Wolf Prize is awarded by the Wolf Foundation. The prize has been has been awarded annually since 1978. It is awarded in six fields:
Agriculture ,Chemistry ,Mathematics ,Medicine ,Physics , and anArts prize that rotates annually betweenarchitecture ,music ,painting andsculpture . In some fields such asphysics , the prize is often considered the most prestigious awards after theNobel Prize .External links
* [http://www.wolffund.org.il/main.asp The Wolf Foundation]
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