The Fulbright Program, including the Fulbright–Hays Program, is one of several United States Cultural Exchange Programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the people of the United States and other countries, through the exchange of persons, knowledge, and skills. Via the program, competitively-selected American citizens including students, scholars, teachers, professionals, scientists, and artists may receive scholarships or grants to study, conduct research, teach, or exercise their talents abroad; and citizens of other countries may qualify to do the same in the United States. The program was founded by United States Senator J. William Fulbright in 1946 and is considered to be one of the most widely recognized and prestigious scholarships in the world. The program provides approximately 8,000 grants annually—roughly 1,600 to U.S. students, 1,200 to U.S. scholars, 4,000 to foreign students, 900 to foreign visiting scholars, and several hundred to teachers and professionals. The Fulbright Program is administered by cooperating organizations such as the Institute of International Education and operates in over 160 countries around the world. The Bureau of Educational and Cultural Affairs of the U.S. Department of State sponsors the Fulbright Program and receives funding from the United States Congress via annual appropriation bills. Additional direct and in-kind support comes from partner governments, foundations, corporations, and host institutions both in and outside the U.S. In 49 countries, a bi-national Fulbright Commission administers and oversees the Fulbright Program. In countries that have an active program but no Fulbright Commission, the Public Affairs Section of the U.S. Embassy oversees the Fulbright Program. More than 370,000 people have participated in the program since it began; 62 Fulbright alumni have won Nobel Prizes; 88 have won Pulitzer Prizes. History In 1945, Senator J. William Fulbright proposed a bill to use the proceeds from selling surplus U.S. government war property to fund international exchange between the U.S. and other countries. With the crucial timing of the aftermath of the Second World War and with the pressing establishment of the United Nations, the Fulbright Program was an attempt to promote peace and understanding through educational exchange. The bill devised a plan to forgo the debts foreign countries amassed during the war in return for funding an international educational program. It was through the belief that this program would be an essential vehicle to promote peace and mutual understanding between individuals, institutions and future leaders wherever they