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The scholarship program, one of the largest in Colorado, is made possible by the Kane Family Foundation and its benefactors, Wanden (Wandeen) and Andy Kane. Originally created in 2006, the scholarship has been expanded to several public higher education institutions in Southern Colorado. Each year, the Kane Family Foundation provides scholarships to students in Southern Colorado totaling approximately one million dollars.
The Kane Family Foundation is a merit-based scholarship program that provides financial assistance to students who attend the University of Colorado at Colorado Springs, Lamar Community College, Otero Junior College, Pikes Peak Community College, Pueblo Community College, Colorado State University Pueblo, and Trinidad State Junior College.
