WordNet sense 1 (something given for victory or superiority in a contest or competition or for winning a lottery):

prize

WordNet sense 2 (a tangible symbol signifying approval or distinction):

accolade, honor, laurels, honour

WordNet sense 3 (give as judged due or on the basis of merit):

grant

WordNet sense 4 (give, especially as an honor or reward):

present

WordNet sense 5 (a grant made by a law court):

awarding