The descriptive note comes from item B1336 in :
Bowles, Garrett H.
Ernst Krenek : a bio-bibliography
Compiled by Garrett H. Bowles
New York: Greenwood Press, 1989
This is what Garrett H. Bowles had to say:
Report on the many activities in Austria related to Krenek's eighty-fifth birthday, including the establishment of an Ernst Krenek Preis of 100,000 Schillings to be awarded every two years.
© Garrett H. Bowles
(c) 2013. Frank Greene. All rights reserved.