Olympia's Gift Scholarship Fund is dedicated to supporting the education and career development of students of African descent enrolled in post-secondary business or entrepreneurship programs. The Charity provides scholarships and bursaries to assist with the cost of tuition and related expenditures. Awards are given on the basis of merit and/or financial need.

Each year, the board of directors of the Charity will determine the number of scholarships and bursaries available for disbursement to eligible applicants ranging from $2,500-$5,000. The Charity may award an amount in excess of $5,000 to a particular student based on an exceptional application and demonstrated financial need.