It was during the course of the 1st Chembur Ghatkoapr Olympics held in 2005 that the organizers decided that they needed do something more than organizing an event of this magnitude. It was important that the children also be given some motivation to look beyond the recognition that would come their way on winning medals but to try to reach bigger heights in the chosen sports.
As a step in this direction & to encourage sporting excellence the Foundation in the year 2006 decided to institute scholarships in all the disciplines that would be part of the events. The objective would be to provide the chosen sportsperson participating with some aid financially by way of a scholarship.
The foundation plans to appeal to its patrons and sponsors to aid the scholarship winners financially and with facilities to train and participate in higher level tournaments The Foundation is committed to support children who are willing to commit to the sports & perform at high levels.
| FSF Scholarships Winners | ||||
| Sport | 2006 | Age | 2008 | Age |
| Badminton | Rhea Pillai | Girls, Under-13 | Sai Dinesh Reddy | Boys, Under-10 |
| Nivedita Rao | Girl, Undr-10 | |||
| Yogesh Rajgopalan | Boys, Under-12 | |||
| Lawn Tennis | Shruthi Suresh | Girls Under-13 | Kunal Vazirani | Boys, Under-12 |
| Akshay Jhadav | Boys, Under-10 | |||
| Table Tennis | Jinish Babaria | Boys , Under 14 | Dyuti Patki | Girls, Under-10 |
| Vedant Shah | Boys, Under-10 | |||
| Ravindra Kotian | Boys, Under-12 | |||
| Chess | Usma Patel | Girls ,Under -14 | Jainam Shah | Boys, Under-12 |
| Parth Mehta | Boys, Under-12 | |||
| Pranay Akshar | Boys, Under-14 | |||
| Swimming | Sudhanshu Sharma | Boys, Under -12 | Omkar Rao | Boys, Under-10 |
| Namrata Uchrekar | Girls, Under-16 | |||
| Athletics | Aman Sharma | Boys, Under-10 | ||
| Paridhi Doshi | Girls, Under-10 | |||
