The Lannan Literary Awards are a series of awards and literary fellowships given out in various fields by the Lannan Foundation in the United States. Established in 1989, the awards are meant "to honor both established and emerging writers whose work is of exceptional quality", according to the foundation. The foundation's awards are lucrative relative to most awards in literature: the 2006 awards for poetry, fiction and nonfiction each came with $150,000, making them among the richest literary prizes in the world.