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The Welch Award in Chemistry is awarded annually by the Robert A. Welch Foundation, based in Houston, Texas, to encourage and recognize basic chemical research for the benefit of mankind. [1] The award, which has been given since 1972, is one of the largest and most prestigious awards in the field of chemistry.[2] Several of its recipients subsequently were awarded the Nobel Prize.[3][4][5][6][7]
The award is named in honor of Robert Alonzo Welch, who made a fortune in oil and minerals and had a strong belief in the ability of chemistry to make the world a better place. In his will, Mr. Welch stated: “I have long been impressed with the great possibilities for the betterment of Mankind that lay in the field of research in the domain of Chemistry.” [8] The prize has a value of $500,000.[9]