The Founder's Award recognizes those Arrowmen who have given outstanding service to the Lodge. The award is reserved for an Arrowman who demonstrates to his fellow Arrowmen that he memorializes in his everyday life the spirit of achievement as described by founder E. Urner Goodman. It was established to reinforce the values first instilled by the founders in the early days of the Order. From its inception, The Founders' Award has been highly restricted and bestowed only upon those individuals who best exemplify the vision and quest of the founders.

There are no prerequisites for the Founders' Award, save that of being a member of the Lodge in good standing.

Brothers who have been presented the Founder's Award in other lodges are not eligible to receive the award for a second time in OA Lodge Lenapehoking IX.