Each year up to 6 young inventors, grades K-12 receive the nation's most prestigious young inventors' honor, "The Edison Innovation Award". The Edison Innovation Foundation not only celebrates and recognizes these young inventors at a black-tie induction & benefit in October, but also permanently preserves their accomplishments in the National Museum of Education. The National Gallery for America's Young Inventors, founded in 1993, is the only program which has been given the authority and permission, from Washington, D.C., to archive the achievements of these young inventors for history.

Inductees into the National Gallery for America's Young Inventors receive the following upon being inducted into the Gallery:

• Young Inventors Award, an engraved crystal trophy with lighted oak base
  
  
• An original voice recording of the Inductee's voice preserved on a wax cylinder made on an original Edison phonograph
  
  
• $1000 US Savings Bond
  
  
• Ribboned Medal minted by the US Mint