The aim of this Foundation is to offer assistance to developing countries* in the statistical domain. Donations from (international) banks, insurance companies and other businesses, governmental institutes and ministries form the basis of the capital of the Foundation.
To reach its aim the Foundation instituted the “ISI Jan Tinbergen Awards for Young Statisticians”. The awards are named after the famous Dutch econometrician Jan Tinbergen, winner of the Nobel prize for economics in 1969.The intention of the ISI Jan Tinbergen awards is to meet the Foundation’s aim and two fundamental objectives of the ISI, namely defining and instituting constructive roles in supporting the development of young statisticians and in building statistical capacity in developing countries. The ISI Jan Tinbergen Awards are for the best papers in a competition for young statisticians, organized at each biennial World Statistics Congress (WSC) of the ISI. At present there are two divisions, with one award in each division for each WSC. Papers in the first division are to address an applied statistical problem of real interest in countries with a limited statistical infrastructure (developing countries) and papers in the second division may be on any topic that directly addresses the development and improvement of statistical systems in countries with limited statistical infrastructure (developing countries).The International Selection Committee of ISI evaluates the submitted papers and decides on the awards. The Foundation provides a cash prize and enables the winners of the awards to participate in the next WSC and to present their winning papers. Since 1987 49 young statisticians have received the Jan Tinbergen Award. It turns out that most prize winners have become scientists in various statistical domains.
*Developing countries according to the World Bank Country Classifications, GNI per capita as calculated by the World Bank Atlas method, 2016., Countries that are under or slightly over the amount of US$ 12.476 are considered a developing country for the year 2018