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Students from across Jay County are given the opportunity to learn at an institution of higher education through scholarship funds established at The Portland Foundation by generous donors. Applications for Jay County High School seniors are due annually in February. The Foundation also offers a limited number of scholarships to current college students. Applications for 2027 summer scholarships will be available May 1, 2027 and are due June 11, 2027.
With total assets exceeding $50 million, the Foundation awards grants and scholarships annually, and has distributed over $21 million since 1951. Contributions made to the Jay County community include:
| Category |
2024 | 1951-2024 Cumulative |
| Scholarships | $424,126 | $8,510,882 |
| Arts & Culture | $64,975 | $3,626,329 |
| Community Development | $193,186 | $4,054,102 |
| Education | $114,174 | $2,107,508 |
| Health & Human Services | $76,884 | $2,164,126 |
| Youth | $77,624 | $1,609,656 |
| Totals | $950,969 | $22,072,603 |