Guggenheim Fellowships are awarded annually by the John Simon Guggenheim Memorial Foundation to those, "who have demonstrated exceptional capacity for productive scholarship or exceptional creative ability in the arts." Each year, the foundation makes multiple awards in each of two separate competitions, one open to citizens or permanent residents of Canada and the United States, and the other to citizens and permanent residents of Latin America and the Caribbean. The fellowships are normally one year in duration, although they may be shorter in some cases. In 2003, 221 fellowships were awarded and the grants associated with them averaged over US$30,000.
