id author title date pages extension mime words sentences flesch summary cache txt en-wikipedia-org-9283 Bollingen Prize - Wikipedia .html text/html 1297 167 62 The Bollingen Prize for Poetry is a literary honor bestowed on an American poet in recognition of the best book of new verse within the last two years, or for lifetime achievement.[1] It is awarded every two years by the Beinecke Rare Book and Manuscript Library of Yale University. The prize was established in 1948 by Paul Mellon, and was funded by a US$10,000 grant from the Bollingen Foundation to the Library of Congress. The inaugural prize, chosen by a jury of Fellows in American Letters of the Library of Congress, was awarded to Ezra Pound for his collection of poems The Pisan Cantos. Continuance through the Yale University Library[edit] In 1973 the Mellon Foundation established an endowment of $100,000 to enable the Yale Library to continue awarding the prize in perpetuity.[4] ./cache/en-wikipedia-org-9283.html ./txt/en-wikipedia-org-9283.txt