One $1,000 Rotary Club of Green Bay scholarship is awarded annually through the Greater Green Bay Community Foundation.

Two additional $1,000 scholarships were established in 2007. One was to honor the Free Enterprise Award recipient, Larry Ferguson, CEO of Schreiber Foods. The second was to mark the 25th anniversary of the Free Enterprise Award. $35,000 was contributed by Schreiber Foods and $15,000 was donated by the Rotary Foundation of Green Bay. The $50,000 is to provide a “Schreiber Free Enterprise” scholar and a “Rotary Free Enterprise” scholar. Scholarships Inc., selects the scholars annually based on the established criteria.