The Foundation looks beyond grades to identify values-driven youth who demonstrate strength of character, a deep commitment to service, and exceptional leadership potential.

Past Loran Scholars include Lucas Skoczkowski, founder and former CEO of Redknee and current founder and managing partner at Red Lane Group [4]; vice president of communications and external relations at Hydro-Québec Graham Fox;[5] World Bank operations advisor Sarah Michael;[6] François Cadieux,[7] a research aerospace engineer at NASA Advanced Supercomputing Division; Clinician-scientist, media personality, and associate professor in the Department of Medicine at the University of Toronto Samir Gupta;[8] award-winning director, playwright and actor Andrew Kushnir;[9] Eloise Tan,[10] vice president of inclusion, sustainability and engagement at the Canadian Blood Services; David-Martin Milot,[11] president of Doctors of the World Canada and co-founder of Young Physicians for Public Health; and climate planner Brigette DePape.

London-based visual artist Raine Storey received the British Art Award – Peoples Choice at the 2021 London Biennale.

Landon Pearson; former Ontario Premier Bob Rae; social entrepreneur Scott Gilmore; Second Cup co-founder Frank O'Dea; Dr. Alice Chan-Yip, C.M.

Furthermore, the Loran Scholars Foundation offers funding (up to $10,000) for three summer internships: Summer employers have included the World Health Organization, the United Nations High Commissioner for Refugees, the Mãori Law Review, BMO Capital Markets, VIA Rail, McKinsey & Company, the Canadian Urban Institute, Frontier College, the Government of Ontario, the Government of Nunavut, Samaritan's Purse and several alumni-founded companies such as Redknee and Canopy Labs.

[19] The Loran Scholars Foundation previously administered the W. Garfield Weston Award for outstanding college-bound students in Canada.