On July 4 1991, Ambassador Chuck Cobb, then the United States Ambassador to Iceland, and Ambassador Sue Cobb, presented the City of Reykjavík with the Partnership sculpture in commemoration of 50 years of diplomatic relations between Iceland and the United States. The Partnership Award was established that same year, on the 50th anniversary of diplomatic relations between the two countries.
Americans eligible for the Partnership award will be those who have demonstrated a long commitment to fostering US relations with Iceland and to the building of bridges between the two countries. Preferably, the American recipient will have lived in Iceland or have made frequent visits to Iceland. The recipient will have demonstrated a commitment to American values and culture and will have effectively communicated these values to Icelanders by his or her actions and leadership.
The recipient is selected by the Board of Directors of the Fulbright Commission.