The Biletnikoff Award annually recognizes the college football season's outstanding FBS receiver. Any player, regardless of position (wide receiver, tight end, slot or inside receiver, wingback, and running back) who catches a pass is eligible for the award.

The TQC Foundation, Inc., is an independent, charitable organization that was founded in 1994. Past Chairman & Founding Trustee Professor Walter W. Manley II, Founding Trustee L. Thomas Cox, Jr., Founding Trustee Rocky Bevis, and Founding Trustee Bob Teel established the award and the TQC Foundation, Inc., that sponsors it. Many more trustees have contributed to its development as one of the most prominent awards in college football. The TQC Foundation, Inc., joined the idea of a college receiver's award to the organization's vision and created the outstanding award and dynamic organization.

The trophy, presented to each winner, is the most beautiful in college football - it has won several national, juried competitions for design excellence and aesthetic appeal.

Likewise, the website and printed banquet program have been cited nationally for excellence in design.