In August 2010, ACT, Inc. contributed $2 million to the Kirkwood Foundation to establish the ACT Endowed Scholarship Fund. The full-tuition scholarship is awarded to students pursuing studies and careers in science, technology, engineering and mathematics (STEM) areas, identified by many Corridor business and industry leaders as crucial to the strength and economic growth of Iowa and the Midwest. Three Kirkwood students have received the first ACT Endowed Scholarships, awarded for the 2011-12 academic year.