Nikki Harris The Scholarship Fund of Alexandria (SFA), a nonprofit that raises money for T.C. Williams graduates’ college educations, is facing financial challenges as demand for scholarships from the nonprofit shot up by approximately $100,000 this year, according to Beth Lovain, the SFA Executive Director. The SFA holds an annual in-person gala and silent auction to raise money from its sponsors, but this year it held both events virtually. Lovain said that the SFA raised close to what it raised last year—upward of $400,000—at the virtual gala and silent auction when the expenses of an in-person gala such as renting a hotel and buying refreshments were subtracted. The SFA will…