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• Casey Wahi Memorial Endowment
  (Established 2006)
  Scholarship to be awarded to a Junction City High School graduate with a minimum 3.0 GPA, planning to attend a 4 year college or university, community college, or an accredited trade school. Preference will be given to an applicant expressing interest in the field of education.
• Arlene Mikkelsen Endowment
  (Established 2006)
  Scholarship to be awarded to a graduating senior or continuing college student; preferably one interested in agriculture, business or music.
• Community Memorial Endowment
  (Established 2006)
  Scholarship available to any JCHS graduating senior or Junction City School District resident desiring further education/training.
• Beverley “Conser” Nelson Memorial
  (Established 2006)
  Preference should be given to applicants who in the sole judgment of ETF, who have demonstrated good academic success.
  The scholarships that were awarded at the May 2006 Awards Ceremony fall into three major categories:
• Endowment Funds: The fund’s principal of money generally remains untapped while earnings from the principal may be distributed. The Foundation manages both living and memorial endowment funds.
• Memorial Funds: Established in remembrance of someone. These scholarships are given when the fund has accumulated sufficient earnings, or earnings from one fund are combined with another, or it is decided to award educational gifts until the fund is depleted.
• Annual Scholarship Donations: The contributor agrees to give a designated amount of money each year for an indefinite period of time.

In addition, there are four independent and unique funds set up: