- IMS Lawrence D. Brown Ph.D. Student Award Fund: created 2019.
- IMS Peter Gavin Hall IMS Early Career Prize Fund: created 2018.
Such prizes have been created in only a few cases and have involved substantial fundraising efforts. The most recently created awards have involved total contributions of approximately $100,000-150,000. The creation of any such prize must be approved by the IMS Memorials Committee and the IMS Council. It is advisable to consult with the Chair of the Memorials Committee in advance of submitting a proposal.