The Nobel Peace Prize is an award presented to either an individual or an organization in accordance with Alfred Nobel’s living will. Alfred Nobel, creator of the five Nobel Prizes, was a Swedish inventor and industrialist. He disposed the Nobel Peace Prize in his will to be awarded to “the person who shall have done the most or the best work for fraternity between the nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses." The Nobel Peace Prize differs from the Nobel Prizes in literature, physics, chemistry, and medicine or physiology in that it may be presented not only to individuals, but also to organizations that are actively engaged in a process or effort that intends to promote world peace. The prize can be awarded for current efforts, rather than for having accomplished a goal or resolved an issue.