In 2009 a foundation was established in memorial to promote writing and the ideals of Erik Hazelhoff Roelfzema. The foundation offers a bi-yearly literary prize in two categories: the Erik Hazelhoff Roelfzema Young Talent Prize, awarded to the best master's thesis written in Dutch or English at a Dutch or Flemish university, and the Erik Hazelhoff Roelfzema Biography Prize awarded to the best Dutch-language Biography. The Young Talent Prize aims to encourage young academic writers. The Biography Prize aims to promote interest in and the reading of biographical works among the Dutch. The thinking of Erik Hazelhoff Roelfzema and the standards and values that characterized his life are used as a guide in evaluating submissions. Princess Irene accepted the position of guardian of the "Erik Hasselhoff Roelfzema Foundation Prize".
