At the Albert O. Hirschman Prize ceremony in October 2008, the Social Science Research Council (SSRC), in cooperation with the Social Science History Association, announced the inauguration of the endowed Tilly Fund in celebration of the lifelong contributions of Charles Tilly and Louise Tilly (see www.ssrc.org/programs/tilly-fund-for-social-science-history). Charles Tilly died just a few weeks after receiving that year's Hirschman Prize.

The Tilly Fund provides travel grants to graduate students participating in meetings of the Social Science History Association and awards an annual Tilly Prize for the Best Graduate Paper in Social Science History. Funds permitting, it will also support graduate research and other activities with the goal of advancing historical social science, the interdisciplinary field to which both Charles and Louise devoted their careers.