The Prize has been endowed through a contribution from IIE's Executive Committee member and former vice chairman, Victor J. Goldberg
, to recognize and advance the work of the Institute.
In his gift letter Mr. Goldberg stated, "Political leaders and governments have so far been unable to bring lasting peace to this troubled area. Hatred and fear of 'the other' abound. While there is no magic solution, one positive force may be to encourage people to live and work together at the grass roots, learning to trust and depend on one another for their common good."