Article: Princess Grace Awards seek out young talent.(Features)(Arts & Leisure)

Talented young filmmakers, playwrights, and dancers have opportunities to vie for hundreds of nonprofit foundation grants and fellowships every year. But few have the cachet of the 18-year-old Princess Grace Awards.

They are named for the late American film star Grace Kelly, who became Princess Grace of Monaco when she married Prince Rainier III.

Ethan Stiefel, now a principal dancer with the American Ballet Theater, and regarded as one of the finest classical dancers in the United States, was awarded a Princess Grace Award in 1991. It was "vital in making others aware of my possibilities, and has given me confidence to pursue what I wanted to in ...

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