The Herblock Prize for editorial cartooning is an annual $15,000 after-tax cash prize, and a sterling silver Tiffany trophy. Designed "to encourage editorial cartooning as an essential tool for preserving the rights of the American people through freedom of speech and the right of expression," it is named for the editorial cartoonist Herblock and sponsored by The Herb Block Foundation. Finalists for the award have been named since 2011; they receive a $5,000 after-tax prize.