The Ramon Magsaysay Award (Filipino: Gawad Ramon Magsaysay) is an annual award established to perpetuate former Philippine President Ramon Magsaysay's example of integrity in governance, courageous service to the people, and pragmatic idealism within a democratic society. The prize was established in April 1957 by the trustees of the Rockefeller Brothers Fund based in New York City with the concurrence of the Philippine government. It is often called the "Nobel Peace Prize of Asia".