The Niwano Peace Prize is a roughly USD$220,000 award, which is annually granted by a seven member committee, consisting of Buddhists, Christians, and Muslims.
The Tokyo based Niwano Peace Foundation was initiated by the Japanese citizen Nikkyo Niwano, founder of the buddhist lay organisation Rissho Kosei Kai; he was one of the few non-Christian observers of the Second Vatican Council. His son Nichiko Niwano is his successor as chairman of the movement, which is dedicated to the interreligious dialogue.
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