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Shutt was favourite to win the country's premier amateur golf competition after going into the final round with a 10 stroke lead over nearest rival and defending champion Michael Wallace.
Vincent carded 70-62-66 in three rounds for a 12-under-par total which saw him tie for third place, two strokes behind eventual champion, American Brooks Koepka.
At least 48 students are currently benefiting from this initiative and ICAZ has expressed the desire to see the fund increasing the number of beneficiaries.
It's the first time that the district is hosting a golf tournament as a way of fundraising and interaction with the outside world, especially corporates.