Records the album Two of a Kind with vocalist Bobby Darin and the Billy May Orchestra.
Third “Best Song” Academy Award and first Grammy, for “Moon River,” written with Henry Mancini (from the film Breakfast At Tiffany’s).
Fourth “Best Song” Academy Award and second Grammy, for “Days of Wine and Roses” written with Henry Mancini (from the film Days of Wine and Roses).
Musical Foxy written with Robert Emmett Dolan and starring Bert Lahr opens at the Dawson City Gold Rush Festival, Yukon Territory, Canada. Two years later it makes its debut on Broadway.
Establishes The Songwriters Hall of Fame with music publishers Abe Olman and Howie Richmond, and serves as its first president. First inductees include Irving Berlin, Duke Ellington, Richard Rogers, Dorothy Fields and Hoagy Carmichael.