High Quality Content by WIKIPEDIA articles! The Bancroft Prize is awarded each year by the trustees of Columbia University for books about diplomacy or the history of the Americas. It was established in 1948 by a bequest from Frederic Bancroft. The prize has been generally considered to be among the most prestigious awards in the field of American history writing and comes with a $10,000 stipend (raised from $4,000 beginning in 2004). Seventeen winners had their work supported by the National Endowment for the Humanities, and 16 winners were also recipients of the Pulitzer Prize for History.