Danish Academy is an independent organisation founded in 1960 by a circle of Danish intellectuals "to promote Danish esprit and language, especially within the field of literature". It has up to 20 members, currently 18, and is based at Rungstedlund, the former home of author Karen Blixen who was one of the original members. The Academy runs a number of annual literary prizes including most notably its Grand Prize.
Kjeld Abell Prize – First time given in 1976, handed every second or third year. As of 2012[update], DKK 50,000.
Klaus Rifbjerg's Debutant Prize – Founded in 1983 by the writer Klaus Rifbjerg. Given for the first time in 1984. It is handed every second year to a poet who has published his or her first collection with the last two years, written in Danish, Faroese or Greenlandic. Currently DDK. 10,000.[4]
Beatrice Prize (Beatrice-prisen) - Founded in 1983 by Birthe and Paul Beckett. First time handed in 1984. Currently DDK. 50,000.[5]
Translator's Prize of the Danish Academy (Akademiets oversætterprisen) - First time handed in 1988. Currently DKK. 50,000.
Hvass Prize (Hvass-prisen) - Has been handed three times: 1997, 1999 and 2001 after agreement with the Hvass Foundation. The prize was DKK. 50,000.
Silas Prize (Silas-prisen) - Founded in 1999 by author Cecil Bødker. Handed for the first time in 2001. It is to be handed to a notable children's book writer every second year. The prize is currently 100,000.[6]
The Foundation's Medal (Selskabets Medalje) - Can be given from time to time for a special acknowledgement by the Selskabet til de skønne og nyttige Videnskabers Forfremmelse. It has been handed five times from 1968 to 2006.
Karen Blixen Medal (Karen Blixen Medaljen) - Founded in 1984, to be handed for the first time on the 100-year birthday of Karen Blixen. It has been handed to seven (from 1985–2012) non-Danish writers as a special acknowledgement.[7]