The Wolf Foundation began its activities in 1976, with an initial endowment fund of $10 million donated by the Wolf family. Annual income from investments is used for prizes, scholarships and Foundation operating expenses.
The prize is awarded in Israel by the Wolf Foundation in six fields: Agriculture, Chemistry, Mathematics, Medicine, Physics, and an Arts prize that rotates between architecture, music, painting, and sculpture. Each prize consists of a diploma and US$100,000.
- 2015 - Linda Saif, Agriculture