The Foundation administers grant funds (including the Pepsi Academic Grants), endowments and memorial contributions that produce college awards for graduating seniors at Columbia High School.  One of the roles of the Foundation is to attract college awards from private individuals by using its non-profit status, objective screening process and recognition of the fiduciary responsibilities. Additionally, the Foundation uses its own monies to award funds to graduating seniors at Columbia High School on an annual basis. 

The Foundation also awards funds for participation in summer enrichment programs in the areas of arts, sciences, athletics and more.