Based on the Jewish concept of tikkun olam, or "repair of the world," the Diller Teen Tikkun Olam Awards seek to recognize teens who are exceptional role models in their communities and beyond. The awards celebrate teens who have demonstrated remarkable leadership and are actively engaged in projects that embody the values of tikkun olam. Teen projects may benefit the Jewish community or the general community.

Up to fifteen selected teens will be acknowledged for their visionary actions with an award of $36,000, to be used to further their philanthropic work or their education.

Anyone is eligible to nominate a teen except for family members. A teen is welcome to apply without a nomination. In this case no nomination form will be filled out, but an additional (third) recommendation is required. Anyone can serve as a reference for a teen, except for the applicant's nominator or a member of the applicant's family.

To be eligible, nominees must self-identify as Jewish and be between the ages of 13 and 19 at the time of nomination, working to repair the world in a leadership capacity, and volunteering without compensation.

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