The AHS Foundation provides opportunities for furtherance of music studies and financial support. The AHS Foundation administers the following awards:
- Wickersham Award: An award based on musical promise and financial need, given to those pursuing study in the field of music therapy using the harp.
- Mildred Biehn Johnson Award: Award based on musical promise and financial need.
- Karl Carlson Award: Award for students of any age who have played/studied the harp for a short time.
- Kathrin Fouse Award: Award based on musical promise and financial need.
- The Lucile Lawrence Fund: Provides scholarships to deserving students.