Taylor Swift accepted the BMI President's Award on Tuesday night (May 19) in Los Angeles during a gala ceremony honoring the year's top songwriters. According to a press release, the award "honors an exceptional person in the entertainment industry deserving of special recognition." Swift also earned a BMI Pop Award for her crossover hit, "Teardrops on My Guitar." Swift is currently on her first headlining tour. Upcoming dates include shows Friday (May 22) in Los Angeles and Saturday (May 23) in Las Vegas.