The mission of the UNICO Foundation is to support charitable, scientific, educational, literary, and religious purposes, primarily through offering scholarships. As a 501(c)(3) Corporation, it focuses on accepting and making donations, grants, awards, and more. The Foundation's primary project involves granting scholarships, with over 40 awarded each year, along with making substantial grants to areas like Cooley’s Anemia, Mental Health Organizations, Italian Studies, cancer research & prevention, and food bank/shelter efforts.
The Dr. Benjamin Cottone Memorial Scholarship is a grant program by the UNICO Foundation, offering a $5,000 scholarship to a senior at a campus-based public or private college/university, or to an individual who holds a degree and will be pursuing a medical doctor or doctor of osteopathy degree, or is currently enrolled in an accredited medical school within the United States. This scholarship is part of UNICO's commitment to supporting education, specifically aimed at students in the medical field.