The Ed Posh Scholarship Fund was founded in December of 1995. The purpose of the Scholarship fund is to financially assist local area youth in attending college or career training. Initially, money was raised through a special fundraising drive in 1996 and then subsequently, through the first Annual Ed Posh Scholarship Shootout golf event. The immediate goal of the fund is to award at least four renewable scholarships each year. During 2019 there will be 16 scholars in school; each scholar is awarded $4,000 per school year. Collectively they receive over $64,000 in annual assistance. To date the fund has awarded over $792,000 in scholarships to 93 Posh Scholars. The long-term goal of the fund is to continue to raise funds until the fund becomes a self-sustaining endowment covering all future awards and allowing for an increase in the annual scholarship amount.
The Ed Posh Scholarship Fund is a non-for-profit corporation with tax-exempt status created under the 501(c)(3) section of the IRS code and procedures.