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The name of Hodson is inextricably linked and synonymous with the success that Hood College has achieved in its first century. The name is found throughout the College: Hodson Outdoor Theater, the Hodson Gallery in the Tatem Arts Center, the Hodson Science and Technology Center, and most recently, the Beneficial-Hodson Library and Information Technology Center.

Funding from the Hodson Trust has had a transformational impact on the quality of our educational programs. Faculty members have undertaken research projects through Beneficial-Hodson Faculty Fellowships, and the College has a fully funded Beneficial Chair in Economics. It also established the Hodson Trust Professorship in Nursing and funding for equipment for the new nursing lab facility in the Hodson Science and Technology Center.

Through the generosity of the Hodson Trust, many students have received critical financial support from the Beneficial-Hodson Endowed Fund for Academic Excellence.

Established in 1978, the Hodson Trust Academic Scholarship is the most prestigious honor scholarship, offered to students with outstanding academic ability. Each year a limited number of students who have excelled in their secondary school programs are invited by the College to apply for these four-year awards. Both U.S. residents and international students may receive consideration for the awards.

The Hodson-Gilliam Diversity Scholarship at Hood College, named in honor of James H. Gilliam, Jr., encourages applications from students with demonstrated academic achievement and a commitment to diversity.

The Hodson Foundation Scholarship was established in 2009 and is presented annually to a student based upon academic merit.