Any new or revised IEEE Medal shall be administered only by the Awards Board, and these shall be presented in the name of the Board of Directors. A non-gold medal may be included as a part of the award. Members of the IEEE staff shall not be eligible as candidates for any new or revised award. No person shall receive an award, or be the nominator or reference for a nomination for a candidate for an award, who, at any stage of the recipient-selection process for that award, is eligible to vote on who shall receive that award. This conflict of interest limitation shall apply to all awards given by the IEEE or any of its organizational units.
Awards are to be given in recognition of excellence.
It is not appropriate to present an award with cash value to a company or organization in recognition of the support given to IEEE activities. Funds derived from Institute and Society member dues and fees, and organizational unit rebates shall not be used for scholarships, fellowships and other education awards. Institute scholarships should be designed to accomplish specific purposes not already covered by other agencies, as, for example, scholarships designed to promote study in a particular field which is being neglected, etc.