The association annually bestows the Horatio Alger Award on Americans who exemplify dedication, purpose, and perseverance in their personal and professional lives. Recipients have often achieved success in the face of adversity. Each award recipient becomes a lifetime member of the association. The annual award series was inaugurated in 1947 by Kenneth Beebe of the American Schools and Colleges Association. In 1946, he had given achievement awards to two New York City businessmen. In 1947, he renamed the award for Horatio Alger and made four awards to businessmen. Recipients in subsequent years have included business and government leaders, athletes, entertainers, innovators, entrepreneurs, teachers, artists, and writers who have overcome adversity and achieved great success. Approximately, ten American awardees are announced each year. Since 1947, more than 750 distinguished individuals have received the Horatio Alger Award. Additionally, each year since 2003, an International Horatio Alger Award has been presented to a citizen of another country who serves as a role model and embodies the ideals promoted by the association. Notable awardees have included the following:
Norman Vincent Peale Award The
Norman Vincent Peale Award is presented to a Horatio Alger Member who "has made exceptional humanitarian contributions to society, has been active in the Association, and continues to exhibit courage, tenacity and integrity in the face of great challenges". This award is given in honor of Dr. Norman Vincent Peale, who was a Member of the Horatio Alger Association. Notable awardees include: •
Tom Selleck •
David L. Sokol •
Joe Neubauer •
Dennis R. Washington •
Clarence Thomas •
Ed McMahon Walter Scott, Jr. Award The
Walter Scott, Jr. Award is presented to Horatio Alger Members who have substantially impacted the programs and mission of the Horatio Alger Association through their leadership and exemplary support. The award is named after late Chairman Emeritus Walter Scott, Jr., who was the founder of Association’s State Scholarship Program and the Horatio Alger Endowment Fund. The award was established in 2024 and was bestowed upon its inaugural recipients, Dennis R. Washington and his wife, Phyllis Washington.
Visionary Philanthropy Award The Visionary Philanthropy Award recognizes humanitarians who are dedicated to making positive and profound impacts on others. Through their philanthropic efforts, these individuals are working to enhance the way people live, work and serve their communities. The inaugural Visionary Philanthropy Award was presented to
Bill Gates in 2023. ==Criticism==