The Educational Scholarship Foundation was founded in 2005 by the California Association of Collectors (CAC ESF). The CAC ESF is a 501 (c)3 charitable corporation. All donations are tax deductable. Tax ID Number 56-2521491.
The scholarship requires a simple one-page application and an essay on "The Importance of Establishing and Maintaining Good Financial Credit During Your College Years". The scholarship is available to any California high school senior for their use at any accredited college, university, or trade school.