Each year the DACOR Bacon House Foundation offers graduate fellowships for study toward a Master’s Degree in international affairs. These are $10,000 tuition-only grants. Recipients must be U.S. citizens. The fellowships are for study at any accredited graduate school in the United States. Typically, eleven schools (depending on budget) participate in this program. The schools all advertise DACOR’s fellowship program and, based on merit, nominate three candidates. The Education Committee then interviews the nominees and selects one winner from each participating school. The fellowship program is funded from various restricted bequests as well as individual members’ contributions.