The awards named for Princess Grace of Monaco honor artists in the fields of film, dance, theatre and playwriting. The Foundation, established in 1982 by H.S.H. Prince Rainier, present grants in the form of tuition assistance, apprenticeships and fellowships to the selected artists to assist in their continuing study and training, or furthering their professional goals.

Mikhail Baryshnikov was chosen as the first recipient of the new Prince Rainier III Award in honor of Baryshnikov’s "outstanding contribution to the arts."

This year's theatre awards were given to:

• Carlos Armesto Oldsmar, of Florida, with the Ensemble Studio Theatre, received the Gant Gather Theater Award
• Louis D. Moreno of Bogota, Columbia, with the INTAR Theater, received the George C. Wolfe Theater Award
• David Evans Morris, of Charlottesville, Virginia, with the HERE Arts Center, received the Faberge Theater Award
• Alex Pollock, of East Montpelier, VT, with Suffolk University, received the Grace LeVine Theater Award
• Sarah Cameron Sunde, of Palo Alto, with New Georges theatre company, received the Robert & Gloria Hausman Theater Award
• Sara Jean Tosetti, of Paris, France, with New York University, received the Pierre Cardin Theater Award
• Kenneth Lin, of West Hempstead, received the New Dramatists fellowship

Statue Awards will go to Mark Christopher, a film writer and director, and Eric Simonson, a theatre director and writer. An awards ceremony, hosted by CNN’s Larry King, will be held on Oct. 26 at Manhattan’s Cipriani 42nd Street. For more information on the awards and winners bios, visit The Princess Grace Foundation online at www.pgfusa.com.