[puzzledobserver]

I see a number of comments here about giving awards to organizations rather than individuals, and counter-comments pointing out that Nobel's will disallowed it.

How is the Nobel Prize actually administered? For how long is the Nobel committee bound to follow Alfred Nobel's will? And aren't there laws against perpetual trusts? Or is the rule against awarding the technical awards to organizations one that the committee maintains out of deference to Nobel's original intentions?