In January 2003 the MAA established the Henry L. Alder Award for Distinguished Teaching by a Beginning College or University Mathematics Faculty Member to honor beginning college or university faculty whose teaching has been extra ordinarily successful and whose effectiveness in teaching undergraduate mathematics is shown to have influence beyond their own classrooms. An awardee must have taught full time in a mathematical science in the United States or Canada for at least two, but not more than seven, years since receiving the Ph.D. Each year at most three college or university teachers are to be honored with this national award and are to receive $1,000 and a certificate of recognition from the MAA. Award recipients will be expected to make a presentation at one of the national meetings of the MAA. Nominations for the award may be made by any member of the MAA or by any section of the MAA.
More information HERE.