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The prize will be awarded every two years to an emerging artist living and working in the United States whose work is included in the Whitney's Biennial.
There are a few rules: the prize must be given to a living author, cannot be given twice to the same author, but must be awarded every two years.
It will be awarded every two years and the judging panel will consider UK-based artists at any stage of their career – a deliberate policy to differentiate it from the Turner prize which rewards those under 50.
The euro1m ($1.2m) prize, which will be awarded every two years, is Finland's answer to the Nobel prizes awarded by Sweden and Norway.Oil's high priceYukos, struggling with a tax bill of $3.4 billion that threatens to bankrupt it, attempted to strike a deal with Russia's government.
The Maria Lassnig prize was set up in 2016 and will be awarded every two years.
Similar(55)
The new Charles Ives Living is to be awarded every three years.
A new honour designed to complement the existing European Capital of Culture (ECoC) prize that has come to the UK only twice in the past 20 years, the City of Culture crown will instead be awarded every four years.
At Goldman, managing directors' posts, like partnerships, are awarded every two years.
The world mayor prize is awarded every two years by the independent City Mayors Foundation.
The Man Booker International prize is awarded every two years to honour a writer's "achievement in fiction".
The George Pólya Prize for Mathematical Exposition is awarded every two years to an outstanding expositor of the mathematical sciences.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com