Albert Einstein Award

It was endowed by the Lewis and Rosa Strauss Memorial Fund in honor of Albert Einstein's 70th birthday.

It was first awarded in 1951 and, in addition to a gold medal of Einstein by sculptor Gilroy Roberts,[1] it also included a prize money of $15,000,[2][3] which was later reduced to $5,000.

[4][5] The winner was selected by a committee (the first of which consisted of Einstein, Oppenheimer, von Neumann, and Weyl[6]) of the Institute for Advanced Study, which administered the award.

[8] It was established much earlier than these, while Einstein was still alive and was a professor at the Institute for Advanced Study.

It has been called "the highest of its kind in the United States" by The New York Times.