The Rea Award for the Short Story is an annual award given to a living American or Canadian author chosen for unusually significant contributions to short story fiction.
The Rea Award is named after Michael M. Rea, who was engaged in the real estate and radio industries, and was a passionate writer and collector of short stories. In 1986 he established the award, setting up the Dungannon Foundation to administer it. Rea died in 1996 and his widow, Elizabeth Richebourg Rea, currently administers the award process. A jury of three notable literary figures is selected and given complete independence to choose a winner of the award, which includes a grant of $30,000.