Commonwealth Foundation presented a number of prizes between 1987 and 2011. The main award was called the Commonwealth Writers' Prize and was composed of two prizes: the Best Book Prize (overall and regional) was awarded from 1987 to 2011; the Best First Book prize was awarded from 1989 to 2011. In addition the Commonwealth Short Story Competition was awarded from 1996 to 2011.
Beginning in 2012, Commonwealth Foundation discontinued its previous awards and created a new cultural initiative called Commonwealth Writers, which offered two new awards: the Commonwealth Book Prize for the best first book, in which regional winners received £2,500 and the overall winner received £10,000;[1] and the Commonwealth Short Story Prize for the best short stories, in which regional winners received £1,000 and the overall winner received £5,000. After two years, the Book Prize was discontinued. The Short Story Prize remains the sole award from Commonwealth Writers.
^"Commonwealth Writers – a world of new fiction". 14 September 2011. Archived from the original on 1 April 2012.
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