The ASME Medal, created in 1920, is the highest award bestowed by the ASME (founded as the American Society of Mechanical Engineers) Board of Governors for "eminently distinguished engineering achievement".
[1][2] The award has been presented every year since 1996 (first medalist was awarded in 1921), and it consists of a $15,000 honorarium,[2] a certificate, a travel supplement not to exceed $750, and a gold medal inscribed with the words, "What is not yet, may be".
[3] ASME also gives out a number of other awards yearly, including the Edwin F. Church Medal, the Holley medal, and the Soichiro Honda medal.
[4] Source: ASME