Since 1975, the Foundation has awarded thousands of dollars in scholarships and fellowships for higher education to both Zetas and Non-Zetas. The Foundation has processed hundreds of other scholarships, as a part of its Chapter Designated Scholarship Program, established in 1980. Under the program, local scholarships and fellowships are awarded by chapters throughout the country.

The Foundation’s Scholarship Program is funded by support of its principal donor, Zeta Phi Beta Sorority, Inc., through chapter tax and life member fees, by contributions and gift from members and chapters, by the Board of Manager’s contributions and fundraising, memorial scholarships, as well as fundraising at the Regional and State level. Endowments has been established for the foundation at the National level, Chapter level, and by the Board of Managers.