The Foundation provides grants and scholarships toward the objectives of its programs. The Foundation grants and scholarships spending is managed by the Executive Committee in accordance with the annual amount of resources allocated by the ISSF Budget.

Grants and scholarships requests (external) and grants proposals (internal) are compiled and pre-selected by the Executive Director on a quarterly basis. The candidate grants and scholarships list will be submitted to the approval of the Grants & Scholarships Committee, which is the internal ISSF body chaired by the President responsible for ensuring that pre-selected grants and scholarships requests and proposals are in line with the ISSF established rules and policies.

The Grants & Scholarships Committee is composed by three individuals nominated by the Board.
Following the deliberation of the Grants & Scholarships Committee, the Executive Director will manage the release of funds via the Treasurer and will maintain the relevant official documentation, and monitor progress and results.