The Gruber Prize in Cosmology is one of five international awards made by The Peter and Patricia Gruber Foundation, an American non-profit organization based in the U.S. Virgin Islands with offices in New York City. The Gruber Cosmology Prize was established in 2000 and the annual prize is worth $500,000.Since 2001, the Gruber Prize in Cosmology has been co-sponsored by the International Astronomical Union.Recipients are selected by a panel from nominations that are received from around the world.The Gruber Foundation Cosmology Prize honors a leading cosmologist, astronomer, astrophysicist or scientific philosopher for theoretical, analytical or conceptual discoveries leading to a fundamental advances in the field.