Winans Services and the Winans family established a fund at the Parkersburg Area Community Foundation that recognizes outstanding wrestlers from Parkersburg High School. Known as the Frances DeFranco/Winans Services Scholarship Fund, this is the second scholarship fund created at the Foundation by the Winans family.

The scholarship is awarded to a graduating student athlete from Parkersburg High School who participated in the wrestling program. Recipients are selected on the basis of academic achievement, personal character, and conduct, as well as their wrestling ability. Acceptance to a college, university, vocational school, or other post-high school educational institution is required.