The winners in each prize field share a $1 million award. The Kavli Prize was initiated by and named after Fred Kavli, founder of the Kavli Foundation. The prize is administered in partnership with the Norwegian Academy of Science and Letters and the Norwegian Ministry of Education and Research. The winners will be presented their awards at a September ceremony and symposium in Oslo, Norway, where NAS President Ralph J. Cicerone and National Academy of Engineering President Charles M. Vest, who is on the board of the Kavli Foundation, will be panel speakers.