Meryl Streep donates $10,000 to Viola Davis' R.I. Upward Bound scholarship fund

(CBS/AP) Actress Meryl Streep has donated $10,000 to a Rhode Island Upward Bound scholarship fund in honor of fellow actress Viola Davis, who established the fund with her sister in 1988.

Both Streep and Davis were nominated for the best actress Oscar this year, but Streep ended up winning the award for her portrayal of Margaret Thatcher in "The Iron Lady."

Pictures: Meryl Streep
Pictures: Viola Davis

The check for the Upward Bound Scholarship Endowmnet Fund arrived Monday, the program's director Mariam Boyajian said Thursday. Boyajian says the donation from Streep's Silver Mountain Foundation for the Arts is the largest single award the fund has received.

The Segue Institute for Learning in Central Falls, where Davis grew up, also received $10,000 from Streep on Monday in honor of "The Help" actress.

Boyajian says Davis and her sister, Deloris Grant, both graduated from the Upward Bound program.

Streep and  Davis starred  together  in the 2008 religious drama "Doubt, " which netted  Oscar nominations for both Streep and  Davis, the former as best actress and  the latter as  best supporting actress.