[1] The home institution of the Prize is the King Baudouin Foundation (KBF) in Belgium, which appoints the international jury and carries out the selection procedure.

The first Rousseeuw Prize was awarded on October 12, 2022, at KU Leuven, presented by His Majesty King Philippe of Belgium.

[2][3] The awarded topic was Causal Inference with application in Medicine and Public Health, with laureates James Robins, Andrea Rotnitzky, Thomas Richardson, Miguel Hernán and Eric Tchetgen Tchetgen.

[4][5][6][7][8] The second Rousseeuw Prize was awarded on December 3, 2024 for work on The False Discovery Rate and Methods to Control It, with laureates Yoav Benjamini, Ruth Heller, and Daniel Yekutieli.

The organizers of the prize and its ceremony are Mia Hubert and Stefan Van Aelst.