Determine Prize/Award Amounts

Thu February 15, 2018

ISBA administers several funds for Prizes, including the DeGroot, Lindley and Mitchell Prizes and Savage Award ISBA bylaws, require that the ISBA Prize committee determine prize amounts with the ISBA treasurer to ensure that the endowments will cover the award. This should be done in advance of announcing all prizes. If endowments are not sufficient to cover the awards, the levels either need to be reduced (up to the committee to decide), the number of awards reduced (up to the committee, in case of honorable mentions for the Savage Award), or a request for general funds must be made from the Board.