CHICAGO, IL.- The School of the Art Institute of Chicago announced the creation of the Edes Foundation Prize for Emerging Artists by the Claire Rosen and Samuel Edes Foundation. By establishing this prize at SAIC, Northwestern University, the University of Chicago, and DePaul University, the Edes Foundation’s deep commitment to education and the arts in America will provide promising young artists and scholars with the financial means to focus exclusively on their work after graduation. “Today is an exciting day for SAIC and the Chicago community,” notes SAIC President Wellington Reiter, FAIA. “This new prize is a generous addition to our cultural landscape and a demonstration of our wide-reaching vision and steadfast commitment to our graduates.”