Gibson Brands is funding an award for research at Belmont University in Nashville that honors the life and contributions of Les Paul.
Paul was an internationally celebrated artist, songwriter, luthier and inventor. He helped popularize the solid-body electric guitar and is probably best known as the designer of the Gibson Les Paul electric guitar.
The school says the Les Paul Music Innovation Award will fund faculty and student research at Belmont's Curb College of Entertainment and Music Business.
The $100,000 fund was announced on Tuesday, the 100th anniversary of Paul's birth. He died in 2009.