In 1977 Richard and Angelike Schreder presented the trophy to the SSA to support the 15-Meter Class. This class allows for the incorporation of all present and future performance and technological improvements without arbitrary restrictions. The Schreder's also provided a $5,000 endowment to provide income for engraving, maintaining, and transporting the trophy. The after-expense balance of the yearly dividends is awarded to the 15-Meter Class Champion at the conclusion of the annual championships. The trophy featured a polished-metal model of the HP-18 sailplane (designed by Richard Schreder) carved from solid aluminum. It was mounted on a base of American black walnut and inscribed with the names of the yearly winners. In 1986, at the 15-Meter Nationals in Barstow, CA, this trophy was destroyed in an unfortunate hangar fire. A plastic version was substituted until 2001 when a new model was added.
