The James Madison Memorial Fellowship Foundation offers $24,000 for graduate study at the master's level to individuals desiring to become outstanding teachers of the American Constitution at the secondary school level. 

Fellowship applicants compete only against other applicants from the states of their legal residence. 

As funding permits, the Foundation plans to offer one fellowship per state per year.

https://www.jamesmadison.gov/https://www.jamesmadison.gov/questions.php

What is a "qualifying master's degree program"?

The fellowships are intended exclusively for graduate study leading to a master's degree. James Madison Fellows may attend any accredited institution of higher education in the United States. Each individual entering the James Madison Fellowship Program will be expected to pursue and complete a master's degree in one of the following (listed in order of the Foundation's preference):

• Master of Arts (MA) in American history, political science, or government
• Master of Arts in Teaching (MAT) concentrating on either American Constitutional history (in a history department) or American government, political institutions, or political theory (in a political science department). MAT degrees without required constitutional coursework cannot be approved.
• Master of Education (MEd) or the Master of Arts or Master of Science in Education with a concentration in American history or American government, political institutions, and political theory