The Academy of American Poets announced seven winners of its 2014 American Poets Prizes, which consist of stipends and cash prizes ranging from $1,000 to $100,000. Award recipients—including Robert Hass, Tracy K. Smith, Rigoberto Gonzalez, Brian Blanchfield, W.S. Merwin, Luigi Bonaffini, Wendy Chen, and Hannah Sanghee Park—will be honored at the American Poets Prizes ceremony on October 17, 2014 at 7:00 p.m. at The New School in New York City. The event, free and open to the public, will take place during, and as part of, the Academy’s eighth annual Poets Forum, which involves readings, talks, panels, and a keynote lecture with nationally renowned poets.

Robert Hass, former Poet Laureate of the United States (1995-1997), received the Wallace Stevens Award, which is given annually to a poet who demonstrates “outstanding and proven mastery in the art of poetry” by a majority vote of the Academy’s Board of Chancellors. There is no application involved for the award, which carries a stipend of $100,000. On the Academy’s website, poet Jane Hirshfield describes Hass as “one of the lighthouse poets of our time” and “the epitome poet the Wallace Stevens Award was created to honor.”

Brian Blanchfield won the James Laughlin Award for his second book of poetry, A Several World, and Wendy Chen received the Aliki Perroti and Seth Frank Most Promising Young Poet Award for her poem “The Sail Across the Mirrored Sea.” The former award recognizes a superior second book of poetry by an American poet (with past recipients including Donald Hall, Sharon Olds, and Vijay Seshadri) and the latter a young poet twenty-three years old or younger.

To read more about the winners and the Poets Forum schedule of events, visit the Academy of American Poet’s website.