The Richard S. Tufts Awards were created in 1997 to honor the Carolinas amateur golfers who had exceptional individual tournament performances over the preceding year. Tufts served on the CGA Executive Committee from 1926 to 1964 and served as President from 1931 through 1933. The awards are given to the top golfer based on the CGA amateur rankings at the end of the calendar year in seven categories: Girls', Boys', Women's, Men's, Senior Women's, Senior Men's and Super Senior Men's.

Nine Carolinas Men's Players of the Year are current or former PGA Tour members while eight Carolinas Women's Players of the Year have competed on the LPGA tour. Notable past Tufts award winners include: Jonathan Byrd (1999, PGA Tour), Beth Bauer (1999, LPGA), D.J. Trahan (2000-2002, PGA Tour), Marcy Newton Hart (2000, LPGA), Brandi Jackson (2002, LPGA), Bill Haas (2003, PGA Tour), Webb Simpson (2006, PGA Tour), Dustin Johnson (2007, PGA Tour), Cydney Clanton (2009-10, LPGA), Mark Anderson (2009, PGA Tour), Austin Ernst (2011, LPGA), Katelyn Dambaugh (2016, LPGA), Anna Redding (2018, LPGA), Gina Kim (2019, LPGA).