To preserve and maintain the lodge and lifts at Arctic Valley. Together with the Military and the Anchorage Ski Club, Muktuk Marston created the Arctic Valley Ski Area in the 1940s. Since then four generations of Marstons and other Anchorage families have learned to ski on the slope of Arctic Valley. Today volunteers are still committed to running the lifts and maintaining the lodge.
The Benjamin B. Talley Scholarship Endowment Fund is established by the Anchorage Post, Society of American Military Engineers, excusively for educational purposes, including provision of scholarships to post-high school students in the Science, Technology, Engineering, and Mathematical educational fields of study.