Though recognition is not necessary to make your act of service meaningful, sometimes a pat on the back can be an encouraging thing. There are a number of organizations, foundations and companies who reward students and families for their contributions to society. This recognition can affirm the work you do and even inspire others to do the same. Plus, colleges and universities look for applicants with a gift for service, and often acknowledge these awards as a distinctive representation of community involvement like MVP awards or Cappie nominations for students with other gifts.