The Goncourt Academy is a prestigious French literary institution founded in 1900. It is best known for awarding the Prix Goncourt, one of the most esteemed literary prizes in France. The academy consists of ten members, who are typically prominent figures in the literary world, and they meet regularly to discuss and select the prize winner. The Prix Goncourt is awarded annually to a work of fiction written in French, and it aims to promote and recognize outstanding literary talent. Winning this prize can significantly boost an author's visibility and sales, making it a highly sought-after accolade in the French literary community.