On: Google Lifts the Turing Award into Nobel Territory

[jeffdavis]

That's not huge compared to their other contributions. Look here:

http://en.wikipedia.org/wiki/Google.org

[chipgap98 → jeffdavis]

Yes but its also not Google's sole responsibility to endow this. It would be great to see other companies follow Google's lead.

[mturmon → chipgap98]

The Nobel Prize was endowed by Alfred Nobel. I had not read the story and the summary is fully worth reading:

http://en.wikipedia.org/wiki/Alfred_Nobel#Nobel_Prizes

The Economics Nobel was not one of the original prizes, but it too was endowed, by the Bank of Sweden. Apparently the Bank also gives an annual contribution, approximately equal to the prize amount ($1M), to administer the prize.

[gwern → jeffdavis]

But did any of the others not mention the endowment or sum being donated...?