The Veena Seshanna Memorial Award 2014 was presented to Kadri Gopalanath (C-saxophone) and the Swara Murthy V. N. Rao Memorial Award to veteran Carnatic musician and teacher P.S. Narayanaswamy, on 15 November 2014, by the Swara Murthy V. N. Rao Memorial Trust, in Bangalore. Each award comprises a bust of Veena Seshanna and a purse of Rs. 50,000.