Purpose of the Scholarship Foundation
The Scholarship Foundation, Inc. was founded in 1963 to recognize and provide scholarship grants to the children of its members and deceased members who sought college-entry financial aid.
It has been expanded to also provide loans to members who seek further education, as well as the spouses, unmarried siblings, and unmarried children of members or deceased members.
Since its inception, the Foundation has provided over $5M to more than 3,000 qualified applicants. The national scholarships are awarded on the basis of academic merit and personal achievement. The Foundation has awarded individual scholarship grants each year, ranging from $1-10K given out as one, two or four year scholarships. Interest-free loans of up to $4K ($1K a year) are also available.