Ezra Pound is awarded the first Bollingen Prize in poetry by the Bollingen Foundation and Yale University.

Ezra Weston Loomis Pound was an American poet and critic, a major figure in the early modernist poetry movement, and a collaborator in Fascist Italy and the Salò Republic during World War II. His works include Ripostes (1912), Hugh Selwyn Mauberley (1920), and The Cantos.

The Bollingen Prize for Poetry is a literary honor bestowed on an American poet. Every two years, the award recognizes a poet for best new volume of work or lifetime achievement. It is awarded without nominations or submissions by the Beinecke Rare Book and Manuscript Library of Yale University.

The Bollingen Foundation was an educational foundation set up along the lines of a university press in 1945. It was named after Bollingen Tower, Carl Jung's country home in Bollingen, Switzerland. Funding was provided by Paul Mellon and his wife Mary Conover Mellon. The Foundation became inactive in 1968, and its publications were later re-issued by Princeton University Press.

Yale University is a private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the third-oldest institution of higher education in the United States, and one of the nine colonial colleges chartered before the American Revolution.