In 2002, on the occasion of the 50th anniversary of the higher education in journalism in Bulgaria, the Cyril and Methodius Foundation launched an annual competition for a scholarship, after the name of Dr. Stefan Tanev, for undergraduate studies in Journalism. This coincides with the fact that the Foundation has moved its headquarter to the house where he lived and worked.
Dr. Stefan Tanev is one of the brightest personalities in Bulgarian journalism for the period between the two world wars.
For 33 years he had been the Editor-in-Chief of the "Utro" ("Morning") newspaper - the daily with the highest circulation at that time. Sentenced to life by the People's Court as a magnate of the yellow press, Stefan Tanev dies in prison.