when was the foundation for it established?
The Nobel Foundation was founded as a private organization on 29 June 1900.
Nobel Prize
The Nobel Foundation was founded as a private organization on 29 June 1900. 
when does the beginning of everything take place UNANSWERABLE who is the noble prize named after? Alfred Nobel when was he born? 21 October 1833 what was his profession? He  was a Swedish chemist, engineer, inventor, businessman, and philanthropist. what is he famous for? For dynamite is it only 1 prize? UNANSWERABLE when was it founded? 1860s is it just one prize in a single field? It  is not a single prize, but five separate prizes that, according to Alfred Nobel's 1895 will, are awarded "to those who, during the preceding year, have conferred the greatest benefit to humankind”. Nobel Prizes are awarded in the fields of Physics, Chemistry, Physiology or Medicine, Literature, and Peace what is a person who has won the prize called? "Laureate" is there a new category created for economic studies? Yes,  the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded for the first time in 1969.
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Nobel Prize [SEP] Formation of Foundation
According to his will and testament read in Stockholm on 30 December 1896, a foundation established by Alfred Nobel would reward those who serve humanity. The Nobel Prize was funded by Alfred Nobel's personal fortune. According to the official sources, Alfred Nobel bequeathed from the shares 94% of his fortune to the Nobel Foundation that now forms the economic base of the Nobel Prize. The Nobel Foundation was founded as a private organization on 29 June 1900. Its function is to manage the finances and administration of the Nobel Prizes. In accordance with Nobel's will, the primary task of the Foundation is to manage the fortune Nobel left.