The will was written in 1994 in Ontario. Ontario, then, under Bob Rae's administration, was pushing pretty hard on affirmative action policies. One reading of the bit above is that it's a reaction to that policy environment: the donor wished there to be scholarships for groups that otherwise were not given special attention (though who of course could do well in general scholarships). Note the exclusion of athletes, who can get athletic scholarships.
The Judge thought differently: