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Kristin Murphy, Deseret News
Jon M. Huntsman, Sr., talks about Sigma Chi's $10 million donation pledge to Huntsman Cancer Institute at the Huntsman Cancer Hospital in Salt Lake City on Thursday, June 18, 2015. Huntsman is among the eight recipients have been awarded the 2015 Carnegie Medal of Philanthropy.

NEW YORK (AP) Eight recipients have been awarded the 2015 Carnegie Medal of Philanthropy.

Carnegie Corporation of New York made the announcement Tuesday. The award was established in 2001 to honor individuals "who dedicate private wealth to the public good."

The recipients are:

— Jon M. Huntsman Sr., a Utah philanthropist and founder of the Huntsman Cancer Institute

— Paul Allen, Microsoft co-founder and philanthropist

— Charles Feeney, founder of The Atlantic Philanthropies

— Jeremy and Hanne Grantham, environmental philanthropists

— The Haas family, Pennsylvania philanthropists

— Irwin and Joan Jacobs, San Diego philanthropists

— Brothers Robert and Richard Menschel, New York philanthropists

— David Rubenstein, a culture and education philanthropist

— The award had been bestowed every two years but will now be awarded annually.

The recipients will be honored Oct. 15.