Bullock donated a large sum of money to Warren Eason Charter High School which was destroyed by hurricane Katrina in 2005 and has also been involved in charitable projects with the educational establishment since the natural disaster occurred, reported Showbizspy.
This year she is donating USD 25,000 for scholarships.
The 20th Annual Hall of Fame Ceremony will take place May 18 in Easton's auditorium.
Bullock is known for her philanthropy. In 2011, she donated USD 1 million on behalf of her family to the American Red Cross' Japan relief effort after the country was hit by an earthquake.