Nobel Prize for Peace 2010 The Nobel Prize is an international award which is administered by the Nobel Foundation in Stockholm. The foundations of the prize were laid in 1895. Generally, the Nobel Prizes are extensively considered as one of the most prestigious awards given for scholar accomplishment in the world. Since 1901, the Nobel Prize has honored men and women worldwide for his or her achievements whose work had been of the greatest benefit to mankind. The Nobel Prizes are awarded annually from a fund donated for that purpose by the Swedish inventor and industrialist Alfred Bernhard Nobel. in Public bookmarkswith 2010alfredawardchinaforliunobelpeaceprizexiaobo