Since 1999, the Foundation has provided fine arts scholarships to graduating seniors who intend to further their studies in fine arts or art history at an accredited college, university, or art school. The scholarship carries a stipend of $3,000 and will be awarded to ten students.

The scholarship money must be used for educational expenses.

Graduating, college-bound seniors from New York City public high schools, including charter schools, are eligible to apply. All scholarship recipients, are eligible for additional ongoing support through the Fund for Past Fellows & Awardees.