Malone Scholars are top-level students selected by the following schools to receive scholarships that are funded through Malone Family Foundation scholarship endowments. Each year three additional independent secondary schools throughout the United States are selected for endowment by the Foundation on the basis of their academic caliber; the quality of their staff; excellent accommodations for gifted and talented students; strong AP and enrichment programs; attention to the individual student's needs, interests and talents; financial strength and stability; a commitment to financial aid; and an economically, culturally, ethnically, and socially diverse population. Once endowed, the schools are empowered to perpetually fund scholarships to motivated top students based on merit and financial need. It is hoped that, over a period of the next several years, talented students will be served by a broad geographic selection of excellent schools offering Malone Scholarships.

The Foundation does not accept unsolicited proposals; instead, the staff researches schools best able to accommodate extraordinarily talented students and queries candidates periodically throughout the process until finalists are invited to submit proposals. The Foundation does, however, receive and accept profiles of excellent independent schools requesting consideration during the annual process.

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