The Fine and Performing Arts Fund was established in 1999 to provide support to Northwest Territories' residents interested in pursuing education or training opportunities in the fine or performing arts. The Foundation has awarded the following scholarships through the Fund.

• 2011 - Amelie Duval, Antoine Mountain and Dana Sipos Randor

• 2010 - Joe Jaw Ashoona, Ian MacDougall, Hailey McLeod and Roya Yazdanmehr

• 2009 - Roya Yazdanmehr and Joanna Matthews

• 2008 - Antoine Mountain

• 2007 - Leanne Goose, An Olympic Contribution

• 2006 - Tiffany Ayalik, An Olympic Contribution

• 2005 - No award presented

• 2004 - Kirsten Carthew, Six Earn Grants

• 2003 - Renee Pitre

• 2002 - Sarah Kallos, Amanda Dei and April Parchoma

• 2001 - Sacha Engelhardt

• 2000 - Doug Richard and Rene Bonnett