The Myrtle McLemore Anderson Scholarship was established in 1992 by the Gamma Iota Chapter in honor of the dedicated service of Myrtle McLemore Anderson, Alpha Pi—George Washington University. This scholarship is currently awarded thanks to supplemental funds from the general scholarship fund. This fund was established long before the minimum endowment level was raised to $25,000. An additional $13,889.47 would allow this fund to stand on its own. The 2017-2018 recipient of this scholarship was Megan E. Calvert, Gamma Iota—University of Florida.
The Gamma Iota Educational Housing Fund will be used to fund charitable and educational activities for the benefit of the Gamma Iota Chapter of Alpha Delta Pi, specifically including the support of qualifying capital building projects and project-related expenses that promote the desired atmosphere for academic study.