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The Albany Prize in Medicine and Biomedical Research

Albany Medical Center Group Organization

Funding Amount

$500,000

Deadline

Rolling / Open

Grant Type

Foundation

Deadline history & next window

Cycle
Annual
Tracked since
April 2026

Source: the cycle recorded on this listing. Confirm dates with the funder.

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

  • Scientists worldwide with sustained, groundbreaking research contributions
  • Work must demonstrate significant medical value at national or international level
  • Typically recognizes established researchers and professors at leading research institutions

Overview

Funder: Albany Medical Center Prize in Medicine and Biomedical Research (funded by the Marty and Dorothy Silverman Foundation)

Geographic Scope: International (recognizes scientists worldwide)

Program Status: Active and ongoing (celebrating 21st anniversary as of 2022)

Focus Areas: Biomedical research, medicine, genetic discoveries with applications to human disease

Program Overview

The Albany Prize recognizes extraordinary and sustained contributions to improving health care and promoting innovative biomedical research. The prize is intended to encourage groundbreaking work with significant outcomes offering medical value of national or international importance.

Funding Commitment: The Marty and Dorothy Silverman Foundation dedicated $50 million in 2000 to award the prize annually for 100 years.

Research Focus Areas

  • Cancer treatment
  • Congenital diseases
  • Neurological disorders
  • Gene regulation and expression
  • Epigenetics
  • Immune system research
  • Genome editing
  • Stem cell science
  • And other significant biomedical breakthroughs

Eligibility

  • Scientists worldwide with sustained, groundbreaking research contributions
  • Work must demonstrate significant medical value at national or international level
  • Typically recognizes established researchers and professors at leading research institutions

Notable Achievements

  • Nobel Prize Correlation: Three previous Nobel Prize winners have been among Albany Prize recipients; eight Albany Prize recipients have gone on to win the Nobel Prize, including:
    • James P. Allison, PhD (immune checkpoint blockade for cancer treatment)
    • Shinya Yamanaka, MD, PhD (stem cell research)
    • Elizabeth Blackburn, PhD (telomeres)
    • Bruce Beutler, MD and Ralph Steinman, MD (immune system discoveries)
    • Robert Lefkowitz, MD (cell receptors)
    • Emmanuelle Charpentier, PhD and Jennifer Doudna, PhD (CRISPR genome editing)

Contact Information

  • Established: 2000
  • Selection Committee Chair: Vincent Verdile, MD '84 (Dean Emeritus, Albany Medical College)
  • Address: Albany Medical Center, Albany, NY

What Albany Medical Center Group Organization actually gave

Source: IRS Form 990, 2024

Grants in 2024
6
Total given
$12.3M
Median grant
$612K
Range
$28K–$9M
  • By dollars: New York 100%. Top recipient cities: Albany, NY; Hudson, NY; Saratoga Springs, NY.
  • 0% of grants with a stated purpose were for general or operating support.

Example grants

  • Albany Medical College · Albany, NY

    Fund scholarships and research

    $9M

  • Albany Medical Center Hospital · Albany, NY

    Fund research and healthcare

    $1.61M

  • Columbia Memorial Hospital · Hudson, NY

    Support columbia memorial hospital

    $784K

  • AMC Alumni Association · Albany, NY

    Fund scholarships

    $440K

  • The Saratoga Hospital · Saratoga Springs, NY

    Support saratoga hospital

    $438K

IRS Form 990, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Science research
  • Cancer

Categories

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