Claim: The Albert Einstein Award was an award in theoretical physics endowed by Lewis and Rosa Strauss Memorial Fund which has been called "the highest of its kind in the United States" by The New York Times.
Evidence: The Albert Einstein Award (sometimes mistakenly called the Albert Einstein Medal because it was accompanied with a gold medal) was an award in theoretical physics, given periodically from 1951 to 1979, that was established to recognize high achievement in the natural sciences. It was endowed by the Lewis and Rosa Strauss Memorial Fund in honor of Albert Einstein's 70th birthday. It has been called "the highest of its kind in the United States" by The New York Times.