Matt Rundels and Scott Schwartz PHOTO BY MARY SCHENKEL

The Scholarship Foundation of Indian River County marked its 60th anniversary with a reception at Northern Trust Bank, commemorating six decades of offering need-based scholarships to assist local students in pursuing their dreams of higher education.

Established in 1964 by Dan K. Richardson and members of the Rotary Club, the nonprofit organization originally operated as a chapter of Scholarship America’s Dollars for Scholars program. In 2013, its name was changed to the Scholarship Foundation of Indian River County.

The vision and mission, however, have remained steadfast.

“We are celebrating 60 years of life-changing opportunities through the Scholarship Foundation of Indian River County,” said Scott Schwartz, board president.

“This is more than just a milestone. It’s a testament to the power of community, the dedication of our supporters, and the bright futures we’ve helped shape together. Since 1965, our foundation has awarded over $15.5 million in scholarships to over 3,140 deserving students. It’s an incredible achievement made possible by the generosity and dedication of so many in this room.”

Schwartz noted that last year alone, 38 students were awarded 91 cumulative scholarships totaling $727,750.

“These numbers represent more than just financial aid. They represent futures made brighter through education. Our alumni are living proof of what’s possible when education meets opportunity,” said Schwartz.

“Many return to give back and become mentors for the next generation. Your commitment ensures that the legacy of this foundation continues for years to come. For our generous donors, many of your unwavering support makes this all possible. Your belief in our mission has opened doors for thousands of students, allowing them to pursue their dreams and reach their full potential.”

Last year’s recipients included four students who were already attending college and eight high school seniors who would pursue AA degrees from Indian River State College. The other recipients planned to attend 19 different colleges and universities in five states and Washington, D.C.

Individual awards, which are tailored to each student’s financial need, range from $4,000 to $30,000, payable over the two, three or four years needed to achieve their undergraduate degrees.

“There are towns 10 times this size that are not doing what we are,” said board member Sam Block.

“I’ve lived here all my life and I’ve been involved with this organization for 20 years. I’ve always said this is a special town and this is one of the projects in this town we can be very, very proud of. We are helping these students complete their dream.”

An awards ceremony for the 2025 recipients will be held May 12 at Sebastian River High School.
For more information, visit SFIndianRiver.org.

Photos by Mary Schenkel