The following year, Alumni Day took place on Washington's birthday, the traditional date until 1955, when it began to be observed on the Saturday nearest February 22nd. Gradually, attendance outgrew the Faculty Room, and since the late 1930s, Alumni Association meetings have taken place at formal luncheons (held successively in the old University Gymnasium, Baker Rink, Dillon and Jadwin Gymnasiums), preceded by faculty panel discussions and lectures, and followed, since 1970, by the annual Service of Remembrance.
The luncheon program, which includes brief remarks by the president, is the occasion of the annual presentation of the Woodrow Wilson Award, the James Madison Medal, the Pyne Honor Prize, and the Freshman First Honor Prize. Announcement is also made of nominations for alumni trustees, with reports on the progress of Annual Giving and of other benefactions to the University. The day's program is rounded out by an undergraduate debate, athletic events, and a reception at the John Maclean House.