The Fulkerson Prize for outstanding papers in the area of discrete mathematics is sponsored jointly by the Mathematical Programming Society (MPS) and the American Mathematical Society (AMS). Up to three awards of $1500 each are presented at each (triennial) International Symposium of the MPS. Originally, the prizes were paid out of a memorial fund administered by the AMS that was established by friends of the late Delbert Ray Fulkerson to encourage mathematical excellence in the fields of research exemplified by his work. The prizes are now funded by an endowment administered by MPS.
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