Begun in 1997, this annual student essay contest was endowed by Philip Carret, a New York investor who visited Elon College in October 1996 at the invitation of Mark Albertson, College Registrar. Students write on topics the reflect the ideals and principles embodied in Thomas Jefferson's life and career, and discuss how the United States' Third President would perceive contemporary American society as a fufillment of his vision for the infant republic. Prizes include a Thomas Jefferson Dinner at Elon, cash awards, and recognition by the International Center for Jefferson Studies at Monticello.