Since 1961, the Schwabing Art Prize has been awarded annually by the city of Munich to persons or institutions that have their seat in the Munich district Schwabing or whose achievements have been made "in the spirit of Schwabing tradition". It is based on a civic initiative of the writer Florian Seidl and the then Süddeutsche Zeitung co-partner . In 2013, thanks to a further foundation of the Stadtsparkasse München, three prizes of 5,000 Euro each were awarded for the first time.