High Quality Content by WIKIPEDIA articles! The Pritzker Architecture Prize is awarded annually by the Hyatt Foundation to honour "a living architect whose built work demonstrates a combination of those qualities of talent, vision and commitment, which has produced consistent and significant contributions to humanity and the built environment through the art of architecture". Founded in 1979 by Jay A. Pritzker and his wife Cindy, the award is funded by the Pritzker family and is considered to be one of the world`s premier architecture prizes; it is often referred to as the Nobel Prize of architecture. The prize is awarded "irrespective of nationality, race, creed, or ideology"; the recipients receive US$100,000, a citation certificate, and since 1987, a bronze medallion. The Latin inscription on the reverse of the medallion—firmitas, utilitas, venustas (English: durability, utility, and beauty)—is inspired by Roman architect Vitruvius. Before 1987, a limited edition Henry Moore sculpture accompanied the monetary prize.