500 Festival Princess Program Scholarship
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:
- Fall: Applications open; interest list available
- January: First round interviews (independent panel of community interviewers)
- February: Second round interviews (approximately 66 applicants advance from first round)
- 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
Focus Areas & Funding Uses
Fields of Work
- Women
- Youth programs
- Education
Categories
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