The Altazor Award of the National Arts or simply Altazor, is a Chilean award which is awarded annually. The winners are chosen by the own creators and performers of the arts. They were established in 1958, but were not awarded until 1999. The Award consists of a cast iron sculpture created by sculptor Sergio Castillo and a diploma. They were named in honor of Vicente Huidobro's work.
The organizing committee invites all writers and artists to submit nominations for the different categories. The works, performances or productions candidates must have been released between December 1 of the previous year and November 30 of the same year. The nominations, in accordance with the candidates are put to the vote by members of the respective awards college. The vote takes place in two rounds. Schools awards consist of authors and artists nominated convenor that societies have a minimum of 10 members by category. Members last 3 years in office may designate the societies that replace in whole or in part. Once installed, the schools may nominate award autonomously to a maximum of 20 new members. Altazor Award winners are permanent members of the respective school awards.