The Gandalf Awards, honoring achievement in fantasy literature, were conferred by the World Science Fiction Society annually from 1974 to 1981. They were named for Gandalf the wizard, from the Middle-earth stories by J. R. R. Tolkien. The award was created and sponsored by Lin Carter and the Swordsmen and Sorcerers' Guild of America (SAGA), an association of fantasy writers. Recipients were selected by vote of participants in the World Science Fiction Conventions according to procedures of the older Hugo Awards.
The awards were presented in two categories, for life achievement and for a book published during the preceding year. Their primary purpose continues to be fulfilled by two of the once-rival World Fantasy Awards, first presented in 1975—specifically the World Fantasy Award for Life Achievement and World Fantasy Award for Best Novel.
The Gandalf Grand Master Award for life achievement in fantasy writing was awarded every year from 1974 to 1981. The inaugural winner was J. R. R. Tolkien, recently deceased (1973).
The next four Grand Masters were all members of the SAGA: Fritz Leiber, L. Sprague de Camp, Andre Norton, and Poul Anderson. The last three were Ursula K. Le Guin, Ray Bradbury, and C. L. Moore.