The purpose of the fund is to provide one or more annual scholarships to an Argos High School senior who has been an active volunteer and exhibits leadership. Volunteerism is a major criteria for this award and is defined as giving service of free will. The applicant must have been an attendee for at least two complete school years at Argos Community High School. The applicant must reside in the Town of Argos or Green Township or Walnut Township. A minimum $500 scholarship is to be provided to a graduating senior at Argos High School with opportunity to renew each year as long as the student remains in good standing with an institution of higher education, and on a continuous path to a bachelor's degree.