The Foundation

The Foundation

The Prince Pierre Foundation was established on February 17th 1966 by HSH Prince Rainier III, in homage to the memory of his father, Prince Pierre, a great patron of literature and the arts.

Today Chaired by HRH Princess of Hanover, the Foundation aims to promote contemporary art. Each year, HSH The Sovereign Prince presents prizes on the proposal of three councils, literary, musical and artistic, composed of internationally renowned figures.

Literary Prizes 

The Prince Pierre

Created in 1951, the Literary Prize honors on proposal of the Literary Council, a young french-speaking writer renowned for his overall work and on the occasion of one of his recent publications.

The Discovery Grant 

Founded in 2001, to mark the 50th anniversary of the Literary Prize, this prize was initially awarded every two years .

Now awarded annually, it recognizes a young author for his first french work of fiction.

High School Students Favorite Choice

Founded in 2007, this Prize is awarded by a jury of students of institutions of the Principality from a selection of books meeting the same criteria as those of the Discovery Grant.

Musical Composition Prize 

Founded in 1960, it is assigned to a work of music created during the previous year. It is proposed by the Musical Council .

The Young Musicians Favorite Choice

In collaboration with the Academy of Music and Theatre in Monaco and with the support of the Princess Grace Foundation, The Prince Pierre Foundation of Monaco continues to work towards the creation of music with young audiences.

The International Prize for Contemporary Art

Awarded for the first time in 1965, the International Prize of Contemporary Art is organized by the Prince Pierre Foundation since 1983.

Since 2005, it rewards a contemporary work of art created during the previous two years by an emerging artist.

The Prize is awarded by the Arts Council, following an international consultation of experts.


Cycle of Conferences

In 1924, Prince Pierre founded in Monaco the Conference Society, which received amongst its first speakers Paul Valery, Darius Milhaud, Joseph Kessel and Sacha Guitry.

The Prince Pierre Foundation organizes each year, from January to March, a session of conferences that allows the public to attend to the interventions of renowned specialists in fields as diverse as news, arts, literature, history and science.

Thus intervened personalities like Jacques-Yves Cousteau, Maurice Bejart, Alain Decaux, Yves Coppens and Jean-Louis Debre.