Upon his 75th birthday in 1917, Egeberg donated to the sports association
Norges Riksforbund for Idræt. The donation was basis for the sports prize
Kabinetskammerherre Egebergs ærespris for alsidig idrett. According to the original statutes approved in 1920, the fund's interests should be used for a statuette given to a sportsperson who, during the last two years, had excelled in one sport and also showed eminent performances in another, completely different sport. Egeberg also funded a design competition for the trophy, won by sculptor
Magnus Vigrestad. The statuette became regarded as the highest achievement in Norwegian sport at the time. The first prize was awarded for 1918. The statutes have changed slightly over the years. Today the prize is awarded by the
Norwegian Olympic and Paralympic Committee and Confederation of Sports, and given to Norwegian sports people who have excelled nationally in at least two sports, and excelled internationally in at least one of these. ==References==