Each year, the PRSA Miami Chapter host a luncheon to raise funds to support the Ev Clay/PRSA Miami Endowment Fund, PRSA's largest chapter-operated scholarship fund, which provides financial resources to South Florida students with a public relations interest. During this event, the Miami Chapter also honors the achievements of South Florida's communications professionals. The awards include the Royal Palm Award, Bill Adams Lifetime Achievement Award Recipients, and the Communicator to Watch Award.