Prince Rainier III created the foundation in tribute to his father Pierre de Polignac, a great patron of the arts.

[1] Joint award between the Prince Pierre Foundation and the Monaco Philosophical Meetings.

[4] The International Contemporary Art Prize (PIAC) is open to juried artists who submit three works of any artistic format as part of a contemporary art exhibition held in Monaco.

Prior to 2005 the Artistic Committee made an annual award of the Prince Rainier III Grand Prize of 15,000 euros and the Princess Grace Foundation prize, the Discovery Scholarship, of 12,000 euros to an artist under the age of 40.

[7] The high school "coup de coeur" prize was launched in 2007.