The Society is the parent organization of the SETP Scholarship Foundation. The primary purpose of the Foundation is to receive, acquire, manage, administer and expend property and funds for scholarships and other forms of educational assistance to children of deceased or disabled Society members.
Scholarships were first awarded in 1966. Since that time the Scholarship Foundation has granted $3,389,247.79 in educational assistance. Approximately 12 students per year are expected to attend school with Society assistance. The Scholarship Foundation is solely supported by individual contributions.