The Global Teacher Prize is an annual award presented to an exceptional teacher who has made a significant impact on their students and the community. Established in 2014 by the Varkey Foundation, the prize aims to recognize and celebrate the vital role teachers play in shaping the future. The winner receives a monetary award and global recognition, highlighting the importance of education worldwide. The prize is open to teachers from all over the world, encouraging nominations from students, parents, and colleagues. Each year, a panel of judges evaluates the nominees based on their innovative teaching methods, commitment to their profession, and contributions to education.