The Otto Mühlschlegel Award commemorates the successful and exemplary work of philanthropist Otto Mühlschlegel. A non-endowed prize, it is presented every two years to individuals who have shown outstanding commitment to the cause of old age and aging. Instead of prize money, a donation in the amount of 30,000 euros is made to an elderly charity of the prizewinner’s choice. Winners are selected by a five-member jury. “This prize shall commemorate the lifetime achievements of philanthropist Otto Mühlschlegel and honor outstanding scientific and other accomplishments in all areas related to care for the elderly.” (excerpt from the charter of the dependent Otto und Edith Mühlschlegel Stiftung)