Teddy served Aberdeen as player, trainer and in many other capacities for nearly 50 years since joining the club in 1954.
Dons Supporters Together board member Ian Hay visited Teddy in Ellon to present him with his award.
Dons legend Willie Miller referred to Teddy in his autobiography as: "A cornerstone of the Pittodrie establishment.
"His depth of experience, together with his unquestioned loyalty to the club and his conscientious attention to detail were assets successive managers recognised and treasured."
Gotherburg Great Alex McLeish said of Teddy in his book: "He is probably the most important member of the Pittodrie staff.
"If he ever left AFC they would have to appoint three or four people to take his place such is the volume and variety of the work he undertakes. But his greatest importance lies in the role he plays in developing the talents of young players."
Teddy was held in such high regard by the club that he was awarded a testimonial match in 1998, with former Dons boss Sir Alex Ferguson sending his Manchester United side north to provide opposition.
Teddy Scott is the third recipient of the DONS award, following all-time top scorer Joey Harper and multiple trophy-winning captain Willie Miller.