The Dorothy and Lillian Gish Prize or Gish Prize is given annually to "a man or woman who has made an outstanding contribution to the beauty of the world and to mankind's enjoyment and understanding of life."[1] It is among the most prestigious and one of the richest prizes in the American arts.[citation needed] The 2019 winner Walter Hood received $250,000.[2] The founders Dorothy Gish (1898–1968) and Lillian Gish (1893–1993) were sisters, famous as actresses from the silent era of film and mid-century theatre. About the prize, established in Lillian Gish's will, she said: "It is my desire, by establishing this prize, to give recipients of the prize the recognition they deserve, to bring attention to their contributions to society and encourage others to follow in their path."[1] It was established in 1994 by the Dorothy and Lillian Gish Prize Trust and is administered by JPMorgan Chase Bank.[1]