JOHN SCOTT MEDAL FUND
Created: 1816
Income “to be laid out in premiums to be distributed among ingenious men and women who make useful inventions and/or discoveries in science, medicine or engineering, such premiums to be $10,000 for any one premium, in any one year, with any additional premium to be awarded in the discretion of the Board but such additional premium to be made in accordance with the Board’s Spending Rule as authorized under 20 Pa. C.S.A. ยง 8813, and … given a copper medal with this inscription ‘To the most deserving.'”