Ostwald was one of the directors of the Die Brücke institute in Munich, and he played a role in its founding in 1911. The institute was sponsored, significantly, from Ostwald's Nobel Prize money. Through the institute, Ostwald's intention was to develop a standardized system for scholarly publications. In 1911, Ostwald founded the Association of Chemical Societies, which sought to organize and improve the efficiency of various chemical societies. The association is an example of a scientific society. Ostwald served as the first president of the Association of Chemical Societies.