The Fund employs a small administrative staff and has a dedicated board of directors and volunteer base. Awards, which are available to students regardless of race, creed or religion, are given on the basis of consistent academic excellence, not financial need. The awards are held in a trust until the recipient attends a four-year college or university. Each trust is invested, so that the yield at the time of issuance should be substantially larger than the original award. Scholars are honored at an annual awards banquet and receive a yearly certificate showing how their trust has grown.
Schools receive a large trophy with names and years of winners.