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The European commission on Wednesday agreed to administer the prize money on behalf of the EU.
At his invitation, the Nieman Foundation for Journalism at Harvard agreed to administer the prize.
Israel's President will administer the Prize at a ceremony in Jerusalem in May 2019.
At his invitation, the Nieman Foundation for Journalism at Harvard agreed to administer the prize starting in 2002.
"This is such a fabulous opportunity for artists," said Janet T. Langsam, executive director of the arts council, which will administer the prize.
The Secretary may enter into an agreement with a private, nonprofit entity to administer the prize competition, subject to the provisions of this paragraph.
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Mr. Sohlman had to persuade the Swedish institutions to overcome many objections before agreeing to administer the prizes.
The awards in 12 categories were announced yesterday by Long Island University, which administers the prize.
Mr. Ma is also joining the board of the foundation that administers the prize, called the Breakthrough Prize in Life Sciences.
The foundation that administers the prize has received contributions from companies, including a $5 million pledge from Monsanto in 2008.
Craig R. Barrett, a former Intel chief executive, sits on the board of trustees for the Society for Science & the Public, which administers the prize.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com