Scholarships are provided by the Stanzel Family Foundation, Inc. The Foundation was established in 1989, by Joseph and Victor Stanzel, co-founders and owners of Victor Stanzel Co., a model aircraft toy manufacturing company located in Schulenburg. Their seventy years of entrepreneurial endeavors affirm the importance of hard work, dedication, honesty, integrity, and focused vision. The first scholarships were awarded in 1991. Since that year, the foundation has awarded over 473 scholarships locally.