The award was created through the endowment of US$ 5,000 to the Academy by Benjamin Thompson, who held the title "Count Rumford of the United Kingdom," in 1796. The terms state that the award be given to "authors of discoverie's in any part of the Continent of America, or in any of the American islands." Although it was founded in 1796, the first prize was not given until 1839, as the academy could not find anyone who, in their judgement, deserved the award. The academy found the terms of the prize to be too restrictive, and in 1832 the Supreme Court of Massachusetts allowed the Academy to change some of the provisions; mainly, the award was to be given annually instead of biennially, and the Academy was allowed to award the prize as it saw fit, whereas before it had to give it yearly. The first award was given to Robert Hare, for his invention of the oxy-hydrogen blowpipe, in 1839. Twenty-three years elapsed before the award was given a second time, to John Ericsson.