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In 1961 Professor Wilhelm Feldberg, CBE, FRS, used the restitution money he received from the German Government, and the pension he was given as Emeritus Professor in Germany to establish the Feldberg Foundation.

The purpose of the Foundation is the promotion of scientific contact between German and English scientists within the sphere of experimental medical research, in particular in physiology, pharmacology and related topics, primarily by the establishment of scientific exchange lectures.

Each year a German and a British scientist are chosen to receive a prize, the amount of which is an indication of Feldberg's wish that the recipients should be outstanding in their particular field.

In recognition of the bestowal of the prize, each recipient gives a lecture in each other's country (and since 1999, up to three lectures in addition to the prize lecture). The prizes are awarded to German scientists resident in Germany and to British scientists resident in the United Kingdom.

The Foundation is a registered charity, and the Statutes are approved by the Senate of the City of Hamburg in Germany.

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