Awarded annually, the $100,000 Ruth Lilly Poetry Prize honors a living US poet whose lifetime accomplishments warrant extraordinary recognition. 

The Poetry Foundation awards five Ruth Lilly and Dorothy Sargent Rosenberg Poetry Fellowships annually to support exceptional US poets between 21 and 31 years of age.

The Pegasus Award for Service in Poetry is an annual award bestowed in recognition of commitment and extraordinary work in poetry and the literary arts through administration, advocacy, education, publishing, or service. 

The Pegasus Award for Poetry Criticism is a $10,000 prize honoring an outstanding book-length work of criticism published in the US in the prior calendar year.

Appointed every two years, the title of Young People’s Poet Laureate (YPPL) is awarded to a poet in recognition of a career devoted to writing exceptional poetry for young readers while working to instill a lifelong love of poetry among developing readers.