Charles Stark Draper
The National Academy of Engineering established the Charles Stark Draper Prize in 1988 on behalf of the namesake's laboratory at MIT. The prize, which is awarded annually and consists of $500,000 in cash, a gold medallion, and a hand-inscribed certificate, aims to "increase public understanding of the contributions of engineering and technology to the welfare and freedom of humanity". Endowment for the prize was provided by the Charles Stark Draper Laboratory.