. "The Institut de France (French pronunciation: \u200B[\u025B\u0303stity d\u0259 f\u0281\u0251\u0303s], French Institute) is a French learned society, grouping five acad\u00E9mies, the most famous of which is the Acad\u00E9mie fran\u00E7aise.The Institute, located in Paris, manages approximately 1,000 foundations, as well as museums and ch\u00E2teaux open for visit. It also awards prizes and subsidies, which amounted to a total of \u20AC5,028,190.55 for 2002. Most of these prizes are awarded by the Institute on the recommendation of the acad\u00E9mies."@en . .