Aside from the recent Macarthur Genius Grant award, Zorn just picked up another grant from Columbia joining past recipents such as Gunther Schuller and Steve Reich.
It'll be interesting to see what all the recent kudos and $$$$$Zorn has been receiving lately will do to develop / promote / distribute both the downtown NYC scene as well as the Creative/Improvised music genre in general.
This is from a 
downtown music gallery news letter post:
"CONGRATULATIONS TO JOHN ZORN!
JOHN ZORN is the 2007 recipient of the William Schuman Award
Columbia's MILLER THEATRE hosts concert and award ceremony
Thursday, April 26, 8:00PM
From Dan Kleinman, Acting Dean, Columbia University School of the Arts:
"The School of the Arts is pleased to present the 
William Schuman Award to John Zorn, whose 
astonishingly diverse and extraordinary body of 
work has enlightened, startled, and enchanted its 
listeners.  His lasting contribution to the 
repertoire of today has changed the landscape of 
composition."
        Columbia University's School of the Arts 
honors composer JOHN ZORN with the WILLIAM 
SCHUMAN AWARD, a major recognition given 
periodically over the past twenty-five years. 
Named for its first recipient William Schuman, 
the award, in the form of a direct, unrestricted 
grant of $50,000, is one of the largest to an 
American composer. In the language of the gift 
establishing the prize, the purpose of the 
William Schuman Award is "to recognize the 
lifetime achievement of an American composer 
whose works have been widely performed and 
generally acknowledged to be of lasting 
significance." It is awarded by the Dean of the 
School of the Arts at Columbia University. The 
award was established in 1981 by a bequest from 
the Schuman family. Previous winners have 
included Schuman, David Diamond, Gunther 
Schuller, Milton Babbitt, and Hugo Weisgall, and, 
most recently in 2001, Steve Reich.
      Drawing on his experience in a variety of 
genres including jazz, rock, hardcore punk, 
classical, klezmer, film, cartoon, popular, and 
improvised music, Zorn has created an influential 
body of work that defies academic categories. A 
native of New York City, he has been a central 
figure in the downtown scene since 1975, 
incorporating a wide range of musicians in 
various compositional formats. He learned 
alchemical synthesis from Harry Smith, structural 
ontology with Richard Foreman, how to make art 
out of garbage with Jack Smith, cathartic 
expression at Sluggs, and hermetic intuition from 
Joseph Cornell. Early inspirations include 
American innovators Ives, Varèse, Cage, Carter, 
and Partch; the European tradition of Berg, 
Stravinsky, Boulez, and Kagel; soundtrack 
composers Herrmann, Morricone, and Stalling; and 
avant-garde theatre, film, and art.
        Described as "endlessly inventive" by 
George Steel, the Executive Director of 
Columbia's Miller Theatre, Zorn was celebrated 
with one of Miller's signature Composer Portraits 
this past October. Also this year, the composer 
won a "genius" grant from the MacArthur 
Foundation. Miller will host a concert and awards 
ceremony for the Schuman recognition on Thursday, 
April 26 (concert details to be announced)."