You are right about stuff being only stuff. Things don't have memory....people do. I don't know how to start a scholarship fund but depending on the award amount there might be a little bit of red tape but well worth the effort.
It's a great idea to create a scholarship. Have you try doing an Internet search on creating a scholarship?
Giving back to the community is wonderful. One of our high school counselors works with business people to have provide some support to foster students. It might be covering the cost of prom ticket or buying a Yearbook just to name a couple of items.
Great choice for "Living within my means" and camping for one...
2011 Salem Cruise Lite 20RBXL & 2011 Toyota Tundra Dbl Cab
Camping History: 45 Trips / 133 Nights / 3736 Miles
FRF Social Group: Campers of the West