The Historisches Kolleg, an Institute for Advanced Study in History, founded in 1980, has been located in the Kaulbach-Villa between the Bavarian State Library and the English Garden since 1988. Essentially, its scholarships award recipients with the freedom to concentrate on completing their books. In addition, the Historisches Kolleg is a lively center of historical research as a venue for scientific colloquia and lectures. Many of its events are aimed at a broader public. The "Prize of the Historisches Kolleg" is awarded every three years; the next time in 2022.