Julius hallgarten prize national academy of desig

Begun in 1883 with seventeen thousand dollars for Academy school scholarships from Julius Hallgarten, a New York Stock Exchange business man, it has become a highly prestigious recognition from the National Academy of Design. It is the first regular prize offered at the Academy annual exhibitions. Stipulation is that the recipient be under age 35. Julius Hallgarten died at age 42, but his son, Albert Hallgarten continued to support the Academy. Recipients include Charles Curran, Daniel Garber, Gifford Beal, and Jonas Lie. Source: David Dearinger, "Paintings and Sculpture in the Collection of the National Academy of Design"; AskART biographies