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French learned society, grouping five académies, the most famous of which being probably the Académie française.
The institutes manages approximately one thousand foundations. It also awards prizes and subsidies, which amounted to a total of 5,028,190.55 euros for 2002. Most of these prizes are awarded by the Institute on the recommendation of the académies.
The Institut de France was created on October 25, 1795.
The Royal Society of Canada, founded in 1882, was modeled after the Institut de France and the Royal Society of London.