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The annual Crafoord Prize is a science prize established in 1980 by Holger Crafoord, a Swedish industrialist, and his wife Anna-Greta Crafoord.

Administered by the Royal Swedish Academy of Sciences, the Prize "is intended to promote international basic research in the disciplines of Astronomy and Mathematics; Geosciences; Biosciences, with particular emphasis on ecology and Polyarthritis (rheumatoid arthritis)," the disease from which Holger Crafoord severely suffered in his last years. According to the Academy, "These disciplines are chosen so as to complement those for which the Nobel Prizes are awarded."[1] Only one award is given each year, according to a rotating scheme (Astronomy and Mathematics; then Geosciences; then Biosciences). In polyarthritis, a Crafoord Prize is only awarded when a special committee decides substantial progress in the field has been made.

The recipient of the Crafoord Prize is announced each year in mid-January; on Crafoord Day in April, the prize is presented by the King of Sweden (who also presents the awards at the December Nobel Prize Award Ceremony). The prize sum of US$ 500,000 (2007) is intended to fund further research by the prize winner.

Since 1982 no women have been awarded the prize.[1]

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