When the Alumni Foundation was first organized, the board of directors felt it was important to help deserving Webster students continue their educational pursuits. In March, 1989, an “account” Was established with The Oklahoma Educational Memorial to the “account” and in approximately two years the scholarship will be permanently endowed. The $1,000 per year scholarship is renewable for three years and is administered by The Oklahoma Educational Memorial Trust Foundation to date, 14 Webster students have benefited from this Scholarship.

In 1998, the Board of Directors voted form and fund an additional Scholarship, known as the Daniel Webster High School Alumni Foundation Community Scholarship. It is also a $1,000 per year scholarship that is renewable for three years and is administered directly by the Alumni Foundation Board. 2003 will be the sixth year this scholarship has been awarded.

Additionally, the Foundation donates $500 per year to the Webster PTSA Community Scholarship Fund to assist the PTSA with their Scholarship awards.