Each year, one member of The Coal Institute may be selected to receive this greatly coveted award, the purpose of which is:

• • To provide an acknowledgement of meritorious service.
  • To encourage constructive thinking and individual enterprise.
  • To stimulate professionalism and more active thinking for the promotion of the coal industry, coal utilization, and sales activity.

It is incumbent upon every member of the Institute in good standing to assist the Committee of Award by submitting to the President of the Institute prior to May 1st each year the name of a person who is felt to have qualified through service and professional demeanor for the honor of this award. The Goodwyn Holmes Medallion will be awarded to the one selected at our Summer Trade Seminar Banquet.

The B. T. Prince, Jr. Award is for individuals who have retired or are retiring from the industry and who have demonstrated continuing service to the industry and TCI – The Coal Institute throughout their careers. It is recommended that the recipient have served the Institute as an Officer or Director and continued to be involved in the ongoing operations of the Institute after the expiration of their term as Officer or Director.

Potential nominees shall be brought to the attention of the President by any member in good standing. The President shall then consult with a reasonable number of past Presidents regarding the suitability of the nominee. The President shall then present the nominee or nominees to the Executive Committee where a unanimous affirmative vote must be obtained. Any nominee approved by the Executive Committee will then be presented to the membership for final approval.

This award is not intended to be an annual award, rather as suitable nominees become eligible. The award is to be presented in conjunction with the annual Education and Engineering Seminar to reflect B. T. Prince’s commitment to continuing education for the membership.