Anonymous benefactors have endowed university scholarships in the past. But I can't think of a single scholarship that has ever been granted to anonymous recipients.
If these students are so proud of their homosexuality that they will take prize money for it, why should they not be just as proud to be declared winners of this scholarship?
So, let me get this straight. I fill out a form claiming to suffer from same-sex attraction disorder (SAD is a much more appropriate term than gay) and they give me $1500 for it, and I don't actually have to be SAD because nobody will ever know I claimed to be?
Sounds like a gravy train to me.
Shalom.