(1)
In general
The President, acting through the Corporation, may make Presidential awards for service to individuals providing significant service, and to outstanding service programs.
(3)
Nature of award
In making an award under this section to an individual or program, the President, acting through the Corporation—
(A)
is authorized to incur necessary expenses for the honorary recognition of the individual or program; and
(B)
is not authorized to make a cash award to such individual or program.