The Award of the Tancred's Tankard is a Baronial level award given in the Barony of Rising Waters. The award is given to a member of the Barony in recognition of extended service, in memory of Baron Tancred. Generally granted at the Lady Mary Memorial Tournament, the recipient receives a large tankard, which is passed on to the next recipient. The current holder of the tankard is Noble Rhys of Anglesey.