The PEN/Laura Pels International Foundation for Theater Award, commonly referred to as the PEN/Laura Pels Theater Award, is awarded by the PEN America. It annually recognizes two American playwrights. A medal is given to a designated "grand master" American dramatist, in recognition of their work, and a stipend of $7,500 is presented to a "new voice", an American playwright whose literary and artistic merit is evident in their plays.