The Award was instituted in 1871 by H.M. King William III. After King William III it was continued by Queen Emma, Queen Wilhelmina, Queen Juliana and Queen Beatrix. They turned this into a true royal tradition. King Willem-Alexander continued this tradition by presenting the Royal Award 2013 on the 4th October in the Royal Palace Amsterdam.
The award-ceremony, exhibition and presentation of the Royal Award are annually held in the Royal Palace Amsterdam.