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Impact Award Nomination Form

Carrick Mollenkamp, left, and Mark Whitehouse, right, received the inaugural NYFWA impact award in Sept. 2019 for their early and prescient coverage of Libor’s irregularities at the Wall Street Journal in 2008

The Honor

The New York Financial Writers’ Association created the Impact Award to honor a distinguished story or body of work by reporters whose work spurred impact, irrespective of when the story or stories were published. The idea behind the honor is to elevate stories that have a demonstrable impact on the world, whether by spurring investigations, changing laws or holding the powerful to account.

These things do not happen overnight. It may take months, even years, before investigations happen, laws get changed or wrongdoers are held to account for facts brought to light by early and prescient reporting that puts an important issue on the public agenda. That is why we decided to eschew the traditional Jan. 1 – Dec. 31 eligibility criteria that accompanies most journalism award contests. For this honor, what matters most is the impact spurred by the reporting – not when it published.

For our inaugural Impact Award, given out in Sept. 2019, the NYFWA board honored Carrick Mollenkamp and Mark Whitehouse for their 2008 reports, published in the Wall Street Journal, which first demonstrated that the world’s most important interest rate benchmark, Libor, was becoming unreliable. The news stories helped expose a global interest-rate manipulation scandal that resulted in billions of fines levied against large banks and set in motion the demise of the Libor benchmark in 2021.

Judging Criteria

A panel of judges appointed by the NYFWA board will review and judge all entries. The entries will be judged based on the impact spurred by the reporting. The prior calendar year will be prioritized for purposes of gauging impact. Judges will have the discretion to consider stories whose impact occurred earlier, but more weight will be given to reporting that spurred impact more recently. Thus, for the 2020 Impact Award, judges will primarily be looking for examples of impact that occurred in 2019. Judges reserve the right to recommend to the board that no award be given if no entry merits the honor.

Eligibility Rules

We welcome your entry for this year’s Impact Award. The deadline for online submissions is June 30, 2020. Please make sure your entry abides by the following eligibility criteria:

  • Any U.S.-based news organization, including foreign news organizations with bureaus in the U.S., are eligible to apply, regardless of medium or circulation size. Online, print, audio and television news outlets are all eligible. Collaborative projects among multiple outlets are eligible so long as at least one outlet is U.S.-based or has a U.S. editorial presence.
  • Reporters, including freelancers, are welcome to nominate their own work or to have their editors nominate them on their behalf. Each news organization can have multiple entries, up to five total. Persons nominating their own work are limited to one entry each.
  • Stories nominated for the award must feature reporting on a business or financial topic. Entries without a clear business or financial angle are not eligible.
  • Articles nominated for the award can be published anytime (no time restrictions apply). However, the impact spurred by the stories must have occurred within the prior calendar year or in the recent past. What does “in the recent past" mean? Stories that spurred impact more recently will be given more weight by the judges.

If you have questions about eligibility, please email contact@nyfwa.org and we’ll happily clarify them.


Nomination Form

To nominate a story or body of work for the honor, fill out the form below. Please provide all information requested. Incomplete entries will not be considered.

Name and Contact Info for Person Making Nomination

If the reporters work at different news outlets, please note their affiliations next to their names.

Stories Nominated for the Award

Please nominate no more than three articles produced by the reporter(s). For each article, please provide:

  1. The title of the story
  2. The date the story published
  3. A publicly-accessible link to the stories published online

If the stories are only available via a paywall, upload them as a PDF using the upload button below.

Files must be less than 5 MB.
Allowed file types: pdf.
Files must be less than 5 MB.
Allowed file types: pdf.
Files must be less than 5 MB.
Allowed file types: pdf.
Please describe, in 500 words or less, the impact spurred by the stories nominated above. Clearly explain why the stories, and not some other event, put into motion the developments described.

Supporting Materials

Provide a link to up to three news stories describing the impact spurred by the reporting nominated for the award. For each article, please provide:

  1.     The title of the story
  2.     The date the story published
  3.     A publicly-accessible link to the stories published online

If the stories are only available via a paywall, upload them as a PDF using the upload button below. 

Files must be less than 5 MB.
Allowed file types: pdf.
Files must be less than 5 MB.
Allowed file types: pdf.
Files must be less than 5 MB.
Allowed file types: pdf.
Has anyone come forward to challenge any of the reporting included in the stories, or have there been any corrections to any of the information published in the articles
Please provide a brief explanation. (Limit 200 words)

Please carefully review all of the above information for completeness and click the "Preview" button below for one last verification before submitting your application.