The Raiziss/de Palchi Translation Awards recognize outstanding translations into English of modern Italian poetry through a $10,000 book prize and a $25,000 fellowship, given in alternating years. Candidates must be American translators currently engaged in the translation of twentieth-century Italian poetry. The fellowship provides a stipend of $25,000 and a 5-week residency at the American Academy in Rome. Applicants must be U.S. citizens.