The Witter Bynner Poetry Prize was established by the American Academy and Institute of Arts and Letters in 1980 to support the work of a young poet. It is named for poet Witter Bynner. The prize was discontinued in 2003. It is not to be confused with the Witter Bynner Prize for undergraduate excellence in poetry, administered in the 1920s by the Poetry Society of America and Palms magazine.