Established in memory and honor of Fred C., Terry W., Frederica and Bryan Terwilliger, this fund will distribute scholarships to Wallkill High School graduates pursuing a degree in banking/finance, with preference given to those applying to Babson College or Rutgers University; teaching, with a preference given to applicants to SUNY New Paltz; or mental health/social work/psychiatry. Grants can also be awarded to nonprofits that promote mental wellness, with priority given to the American Foundation for Suicide Prevention Hudson Valley Chapter; or organizations that support cancer-related initiatives, especially pancreatic cancer; or offer programs for people with disabilities, especially ACCESS: Supports for Living.