To encourage investigations of alimentary tract function, Dr. Frank Smithies, Chicago, has presented to the School of Medicine of The University of Illinois, bonds in amount sufficient to yield annually, in perpetuity, not less than $100.00. This fund is known as “The William Beaumont Memorial Fund” and the income therefrom, as “The Annual Beaumont Memorial Award.”

The Award is to be made each year to the research or clinical investigator, who, in the judgment of a Faculty Committee, has contributed the most important work during the year, in the field designated.

The first Award will be made in 1927. Manuscripts covering investigations do not have to be entered specifically for the Award nor is it required that they be submitted to the Faculty Committee. The Award is to be granted by the Committee after it has considered carefully all investigations published during any year in periodicals throughout the United States.