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The John von Neumann Prize (until 2019 named John von Neumann Lecture Prize) was established in 1959 with funds from IBM and other industry corporations, and is awarded for "outstanding and distinguished contributions to the field of applied mathematical sciences and for the effective communication of these ideas to the community". It is considered the highest honor bestowed by the Society for Industrial and Applied Mathematics (SIAM). The recipient receives a monetary award and presents a survey lecture at the SIAM Annual Meeting.