The PEN/Saul Bellow Award for Achievement in American Fiction is awarded by PEN America (formerly PEN American Center) "to a distinguished living American author of fiction whose body of work in English possesses qualities of excellence, ambition, and scale of achievement over a sustained career which place him or her in the highest rank of American literature." Initially carrying a stipend of US$40,000, the award was created with the cooperation of the Saul Bellow estate and through a grant from Evelyn Stefansson Nef. Announcing the first recipient of the award (Bellow's close friend Philip Roth), PEN president Ron Chernow said the award honors "one of America’s greatest writers...whose work over a forty-year career exemplified the capacity of fiction to encompass the totality of human experience. We are confident that this Award will help to recognize and perpetuate the qualities so evident in Saul Bellow’s writings." The award was first given in 2007. The award is one of many PEN awards sponsored by International PEN affiliates in over 145 PEN centers around the world. The PEN American Center awards have been characterized as being among the "major" American literary prizes. Award winners Notes External links PEN/Saul Bellow Award for Achievement in American Fiction PEN America awards Awards established in 2007 2007 establishments in the United States Literary awards honoring lifetime achievement