In 1958, during a dinner hosted by the National Guild of Piano Teachers, President and Founder Dr. Irl Allison announced a cash prize of $10,000 to be used for a piano competition named in Van Cliburn’s honor.an Cliburn Way in the Fort Worth Cultural District. Cliburn's 1958 piano performance in Moscow when he won the prestigious Tchaikovsky International Piano Competition has been added to the National Recording Registry in the Library of Congress on March 21, 2013 for long-term preservation.