The Rosalind A. Matthews Scholarship Endowment Fund was established in 1988 to honor the late Rosalind A. Matthews, a former Trustee of the University of Massachusetts (UMass). The Fund provides an annual $1,000 scholarship award for up to four years with the purpose of encouraging disadvantaged students to pursue an education that leads to a career in business.

Rosalind A. Matthews was appointed to the UMass Board of Trustees in 1985. Her career included many distinctions in the corporate sector and in public service. She began her career at Textron, Inc. and held a variety of positions at John Hancock Mutual Life Insurance Company. She was dedicated to youth and education and was the recipient of the Exceptional Service Award from former President Jimmy Carter.