Marblehead Dollars for Scholars, Inc

Marblehead Dollars for Scholars is a private, nonprofit organization that provides need-based financial aid to students who graduated from Marblehead High School or who live in town. A chapter of Dollars for Scholars, a program of Scholarship America, it raises money through annual giving and a permanent endowment. Scholarships go to graduating seniors, students already in college, and continuing education candidates, and the group also administers scholarships on behalf of other organizations and funds.

Concerned citizens and Marblehead High School faculty and administrators founded the organization in 1987 because little scholarship money was available locally. An awards committee drawn from the board selects recipients in coordination with the high school’s awards process, and awards are presented at a ceremony at the high school before graduation. In 2026 the group awarded $66,000. Its annual Run for the Fund, a 3.1-mile loop around Marblehead Neck from Devereux Beach, raises additional money each fall.

What to Know

• Individual scholarship grants range from $1,500 to $5,000.
• The organization profiles past recipients after they graduate from college.
• Local businesses such as National Grand Bank and Stop and Shop have been sponsors.
• The board president is Jac Bentley.