The Don Carlos Palanca Memorial Awards for Literature, popularly known as the Palanca Awards, are a set of literary awards for Philippine writers. Usually referred to as the "Pulitzer Prize of the Philippines", it is the country's highest literary honor in terms of prestige. Winning works are entered in the competition either as previously published pieces or in manuscript form. The Palanca Awards, organized by the Carlos Palanca Foundation, is one of the Philippines' longest-running awards programs. It was named after Carlos Palanca Sr.