Shawn Carter Scholarship Fund

The Fund helps individuals facing socio-economic hardships further their education at institutions of higher learning by providing them with educational scholarships and related educational support services to ensure their path toward success. Scholarships allocated to qualified applicant students in need are selected by an admissions committee comprised of the foundation's management team, staff, and volunteers. 137 national scholarships were awarded for the fall 2023 semester. In addition, 5 fellowship grants were awarded to dubin fellows for fall 2023. The Fund also made a grant of $1,500,000 to the brooklyn public library to support its books unbanned initiative.

Foundation's annual historically black college and university bus tour exposing high school youth to different colleges in order to promote increased college attendance. In 2023, 44 students attended the hbcu bus tour.

Two financial empowerment and wealth building programs: 1) bridges to wealth . Bridges to wealth (b2w) is an innovative financial empowerment program located at the wharton school of business, focused on students, parents, and local community partners. B2w's goal is to increase the wealth-generating capabilities of families living in underserved neighborhoods. B2w offers a series of workshops to families and students. 2) bitcoin academy, focuses on financial literacy and bitcoin education for residents of marcy houses in brooklyn, new york. An expansion of the financial education program with wharton school of business was in development in 2023 and most of 2024. The program will be launched in 2025.

Over 3000 toys were distributed during scf's annual holiday giveaway, and over 120 youth and community members received back to school readiness supplies and basketball uniforms for the annual marcy basketball back to school tournament.