"Because of your generosity toward Jamestown College in building a scholarship fund, I have been able to carry on with my studies. For that I thank you from the bottom of my heart. I come from a very small farming community and money is tight. You have made a huge difference in my life."

The Charlotte W. Newcombe Foundation, by establishing and augmenting Special Scholarship Endowment funds at selected colleges and universities, continues Mrs. Newcombe's interest in helping students complete degrees in higher education. The Foundation awards grants to selected institutions, not to individual students. Each funded institution selects scholarship recipients and administers the scholarship program according to institutional and Foundation policies.

Similar to the endowed funds established through the Foundation's programs for Mature Women Students and Students with Disabilities, each Special Scholarship Endowment grant awarded by the Foundation is matched through the efforts of the institution. Current grants are designated to benefit a specified economically disadvantaged population of students that the institution serves.

As of 2011, eighteen colleges and universities maintain special Newcombe-endowed scholarship funds with a combined market value of $6.7 million. Since their inception, these funds have generated $3.3 million for Newcombe Scholarships at these institutions. During 2010-11 alone, these funds generated $225,000.

Three institutions are currently receiving multi-year grants from the Foundation that build upon existing Newcombe-endowed scholarship funds.

• Davis & Elkins College in Elkins, WV for scholarships that benefit graduates of high schools from the surrounding seven-county region
• Maryville College in Maryville, TN for scholarships to benefit first-generation college students from the Appalachian region
• Tusculum College in Greenville, TN for scholarships to benefit first-generation college students from the Appalachian region

Prior grant recipients that continue to award Newcombe Scholarships from the proceeds of Newcombe-endowed funds:

Bank Street College of Education Hazard Community and Technical College Interdenominational Theological Center Jamestown College Johnson C. Smith Theological Seminary Mercer County Community College College of the Ozarks

Pikeville College Rocky Mountain College St. Andrews University University of Dubuque Theological Seminary University of the Sciences in Philadelphia Warren Wilson College Waynesburg University Westminster Choir College of Rider University