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Everything about The Nobel Foundation totally explained

The Nobel Foundation (Swedish: Nobelstiftelsen) 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. It also holds Nobel Symposia on important breakthroughs in science and topics of cultural or social significance.

Nobel Symposia

In 1965, the Foundation initiated the Nobel Symposia, a program that holds symposia "devoted to areas of science where breakthroughs are occurring or deal with other topics of primary cultural or social significance." The symposia has covered topics such as prostaglandins, chemical kinetics, diabetes mellitus, string theory, cosmology, and the Cold War in the 1980s. The Nobel Symposium Committee consists of members from the Nobel Committees in Chemistry, Literature, Peace, Physics, and Physiology or Medicine; the Prize Committee for Economics; the Bank of Sweden Tercentenary Foundation; and the Wallenberg Foundation. The plan was announced at nanoTX 07. The Nobel Foundation quickly reacted by threatening legal action for infringement of their trademark.
   Michael Nobel was born as Michael Oleinikoff, but later changed to his grandmothers name Nobel.
   The statement above isn't true, it was Michael Nobels' father Sven Oleinikoff that changed his name to his mothers' maiden-name.
   

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