This award will be made annually to the student in the Master of Taxation program who best demonstrates aptitude and proficiency in the process, methodology, techniques and skills of original research in the TAX 638 research project required for the Master of Taxation program. Information concerning selection procedures is available from the School of Accounting and Finance, University of Waterloo .

The Donald and Geraldine Beam Award recipient will be chosen in May of each year after the research papers have been marked. The award will be announced at the convocation at which the recipient receives his/her degree, and a cheque will be mailed to the recipient. The amount of the award varies by year.