The Lodge Past Exalted Rulers Association sponsors a Lobsterfest annually to raise funds for merit-based college scholarships for local high school students graduating in the Spring.

In 2017 the Lodge awarded college scholarships of $1,000 each to two students from Vero Beach. Elizabeth Tuite is the daughter of Elks member Robert Tuite. She will be attending the University of Florida. She is an honor student and graduated from Vero Beach High School. Sarah Coveny is the daughter of Elks member Pat Coveny. She will be attending the University of South Florida. She graduated as an honor student at Vero Beach High School with a GPA of 4.44.

Sarah Coveny and Elizabeth Tuite pose with June Maher, PER after winning Vero Beach Lodge scholarships.