Dr. Moloney received several awards in the 1960s, and one of the most prestigious was the Gairdner International award. The Gairdner Foundation was incorporated in 1957 as a charitable organization funded by the personal gifts of James Arthur Gairdner (1893-1971) and members of his family. "In addition to encouraging and rewarding individuals who have made contributions in the conquest of disease and the relief of human suffering, the Foundation hopes that these international awards will assist in focusing public, professional and scientific attention upon significant achievements in the medical field. It is also hoped that the awards will contribute to improved communication of ideas among leading professional and scientific workers."