Funded by the Manuel D. and Rhoda Mayerson Foundation, the Mayerson Student Philanthropy Project of Northern Kentucky University provides an opportunity for students to participate in experiential philanthropy through a wide variety of courses each year. Each class is provided with $4,000. The class may increase the amount by raising additional funds which are matched by the Mayerson Foundation dollar for dollar.

To acknowledge the time and effort involved in the preparation of applications, the minimum award amount to nonprofits is $1,000. Faculty members receive additional support through the Scripps Howard Center for Civic Engagement. The Mayerson Student Philanthropy Project involves students in systemic evaluation efforts and has been collecting data since its inception in 1999.