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500 Festival Princess Program Scholarship

500 Festival Foundation Inc

Funding Amount

$1,000

Deadline

Deadline not published

Grant Type

Foundation

Deadline history & next window

Cycle
Annual
Tracked since
April 2026

Source: the cycle recorded on this listing. Confirm dates with the funder.

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Eligible organizations

  • College-aged women from Indiana colleges and universities

Geography

  • Selection based on

Other requirements

  • Communication skills
  • Commitment to service
  • Leadership abilities
  • Scholarship (academic record)

Overview

Funder: 500 Festival Foundation Inc, in partnership with Marlyne Sexton (Indianapolis philanthropist and president of The Sexton Companies)

Geographic Scope: Indiana (college-aged women from across Indiana)

Program Overview:
The 500 Festival Princess Program is a leadership development program for college-aged women who serve as ambassadors for the 500 Festival, their hometowns, their colleges/universities, and the Indianapolis 500.

Eligibility

  • College-aged women from Indiana colleges and universities
  • Selection based on:
    • Communication skills
    • Commitment to service
    • Leadership abilities
    • Scholarship (academic record)
    • Professionalism

What Princesses Do

  • Serve as ambassadors for the 500 Festival and Indianapolis 500
  • Participate in community outreach ("outreaches") including:
    • Visiting elementary schools
    • Serving food at homeless shelters
    • Spending time at Riley Children's Hospital
    • Leading Habitat for Humanity builds
    • Visiting senior living communities
    • Meeting with Girl Scout troops
  • Volunteer at all 500 Festival events during May
  • Participate in 500 Festival Leadership Development Program, presented by BKD

Benefits

  • $1,000 scholarship (made possible by 500 Festival Foundation and Marlyne Sexton)
  • 500 Festival Leadership Development Program including:
    • Discussions and learning opportunities on: goal setting, office etiquette, personal branding, budgeting, professionalism, time management, leadership, community engagement
    • Professional development events with 500 Festival Princess alumnae, board members, community and business leaders
  • Once-in-a-lifetime experiences
  • Lifelong connections and friendships with 32 other Princesses
  • Networking with 500 Festival board members and community leaders

Selection Process

  • First round interviews (typically in January)
  • Second round interviews in February (approximately 66 applicants advance)
  • 33 total Princesses selected
  • Independent panel of community interviewers

Time Commitment

  • Full-time college students with existing commitments
  • Mandatory event dates throughout semester
  • Additional encouraged outreach opportunities during spring
  • Travel to Indianapolis for events required

Geographic Coverage

Princesses represent colleges and universities across Indiana, from southern Indiana (Evansville University) to northern Indiana (IPFW)

Program History

  • 60+ year program history
  • 2018 class set record for highest cumulative GPA (3.72 average)
  • Princesses volunteer thousands of hours in community outreach annually

How to Apply

Application Process

Application Submission:

  • Complete online application
  • Application submitted to 500 Festival (check website for application portal)

Timeline:

  1. Fall: Applications open; interest list available
  2. January: First round interviews (independent panel of community interviewers)
  3. February: Second round interviews (approximately 66 applicants advance from first round)
  4. After second round: 33 Princesses selected

Interview Preparation:

  • Review resume and online application
  • Research the 500 Festival, its events and programs
  • Research interview location (parking, drive time, traffic considerations)
  • Dress professionally (as you would for a job interview)
  • Let personality show in your appearance and demeanor

Interview Details:

  • Conducted by successful, engaged community members (business leaders, civic leaders)
  • Questions may cover:
    • Collegiate and volunteer experience
    • Items from online application
    • Personal background and interests
  • Interviewers determine their own questions
  • No single "one size fits all" approach

What to Expect:

  • Meet with independent panel of community interviewers
  • Opportunity to meet other applicants
  • 500 Festival staff, board members, alumnae, and volunteers present
  • Professional, supportive environment

Required Materials:

  • Online application (specific questions not detailed in provided content)
  • Resume
  • Demonstrated commitment to service and volunteer work

Selection Criteria:

  • Communication skills
  • Commitment to service
  • Leadership
  • Scholarship (academic record)
  • Professionalism
  • Diverse backgrounds, interests, and majors valued
  • Uniqueness and individuality celebrated

What 500 Festival Foundation Inc actually gave

Source: IRS Form 990, 2025

Grants in 2025
1
Total given
$173K
Median grant
$173K
  • By dollars: Indiana 100%. Top recipient cities: Indianapolis, IN.

Example grants

  • 500 Festival Inc · Indianapolis, IN

    Support charitable activities of the 500 Festival Inc

    $173K

IRS Form 990, 2025. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Women
  • Youth programs
  • Education

Categories

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