The Cavling Prize is a prestigious Danish journalist award. It is awarded annually in January to "a journalist or a group of journalists who have shown initiative and talent in the past year." It is generally considered the most prestigious prize for Journalism in Denmark. The Prize commemorates , founder of the Danish Journalists Confederation. The prize consists of 20,000 kroner and a statuette made by depicting Henry Cavling. The prize is awarded by a committee appointed by the Danish Journalists' Federation executive committee.