From the foundation's website:
The North Carolina CPA Foundation Inc. was established to further facilitate the association’s philanthropic efforts. The Foundation plays a major role in accomplishing the association’s mission of supporting CPAs and the accounting profession in North Carolina. Through the generous donations of NCACPA members, the Foundation provides numerous scholarships to aid North Carolina college students. The Foundation also provides a monetary award to the winner of the association’s annual Outstanding Educator Award.
Scholarships ranging from $1,000 to $5,000 will be awarded annually at the discretion of the Foundation. There is a three-year maximum limit for awards per student.
In 2016, the Foundation awarded 31 scholarships to deserving students representing 14 North Carolina colleges and universities.