Andric's last wish was that "part of the funds from his legacy should be used to award the best short story". As of 1976, every October 10 th the Ivo Andrić Foundation has presented the Ivo Andrić Award to the best short story or book of short stories published within the previous year in Serbian. The winners of this Award were:

Andrić Prize Winners

Dragoslav Mihajlović, Petria's Wreath (1975);
Antonije Isaković, Instant I (1976);
Milisav Savić, Uncle from Our Town (1977);
Aleksandar Tišma, School of Atheism (1978);
Mirko Kovač, "Pictures from the Meštrević Family Album", (short story), (1979);
Ćamil Sijarić, French Cotton (1980);
Svetlana Velmar Janković, Dorćol (1981);
David Albahari, Description of Death (1982);
Danilo Kiš, Encyclopedia of the Death (1983);
Vidosav Stevanović, Cesarean Section (1984);
Radoslav Bratić, Pictures without Father (1985);
Mladen Markov, Old Folks in the Village (1986);
Filip David, Prince of Fire (1987);
Jovan Radulović, Away from the Altar (1988);
Radoslav Petković, Report on the Plague (1989);
Saša Hadži Tančić, Linked by the Stars (1990);
Milica Mićić Dimovska, Unfreezing (1991);
Voja Čolanović, "Natural Answer" (short story), (1992);
Živojin Pavlović, "The Attic" (short story), (1993);
Vida Ognjenović, Poisonous Dandelion's Milk (1994);
Pavle Ugrinov, "Nikoleta" (short story), (1995);
Radoslav Beli Marković, Setembrini in Kolubara (1996);
Danilo Nikolić, Entrance into the World (1997);
Miroslav Josić Višnjić, New rings (1998);
Aleksandar Gatalica, The Century (1999);
Vladan Matijević, Pretty Dead (2000);
Milorad Pavić, “Stories from the Sava Slope“ (cycle), (2001);
Miroslav Toholj, Asia Minor and Stories on Pain (2002);
Mihajlo Pantić, If It Is Love (2003);
Jovica Aćin, “Diary on the Vagina“ (short story), (2004);
Ljubica Arsić,  Kitty, Do You Love Me (2005);
Goran Petrović, Differences (2006);
Ljiljana Dugalić,  The Nude (2007);
Mirko Demić, Minor Chords (2008);
Milenko Pajić, “Documentary Stories” (cycle), (2009);
The Prize was not awarded for 2010 by the decision of the Jury;
Milovan Marčetić, “Exodus“ (short story), (2011);
Mirjana Pavlović, Table without the Main Dish (2012);
Drago Kekanović, Adoption (2013);           
Uglješa Šajtinac, Banatorium (2014);
Vule Žurić, Secret of the Red Castle (2015);
Jelena Lengold, Raščarani svet (2016);
Vladimir Кecmanović, „Ratne igre“ (iz knjige Кao u sobi sa ogledalima) (2017);
Dragan Stojanović, Ćerka španskog borca (2018);
Anđelko Anušić, Legenda o v(j)etrom vijanima (2019);
Dejan Stojiljković, Neonski bluz (2020);
Igor Marojević, „Slikopisanje” (iz knjige Sve za lepotu) (2021).
Darko Tuševljaković, Hangar za snove (2022)