The Gerda Henkel Prize was set up in 2006 and is awarded every two years to excellent and internationally acclaimed researchers who have demonstrated outstanding scholarly achievement in the disciplines and funding areas supported by the Foundation and can be expected to continue to do so. The Gerda Henkel Prize is worth € 100,000. The prize money may be used at the winner’s discretion. The Foundation invites scholars of universities worldwide, as well as renowned cultural and academic institutions, to nominate qualified candidates. The prize is open to scholars from all countries. Self-nominations cannot be accepted. Neither members of the Foundation Committees or the jury nor employees of the Gerda Henkel Foundation may participate in the nomination process or be nominated for the prize.