https://www.wisconsin.edu/uw-policies/uw-system-administrative-policies/prizes-awards-and-gifts/
IV, Policy, A: The anticipated benefits of awarding a prize must be documented, and the decision to award prizes must be approved in writing by the Chancellor or his/her designee.
DELEGATION TO: Controller (Buske)
ADDITIONAL COMMENT: Documentation must be provided to the Controller in advance of commitment of funds or resources. Controller will approve.