A memorial fund is essentially a way to honour someone after they have passed away. The fund is often generated to create scholarships in memory of the individual, find hope for a cause associated with the individual, or to help their family cope with unexpected expenses. Memorial funds can be a good way for the family to honour their loved one after their loss. Scholarships created in the name of the person ensure that they will never be forgotten and will continue to help people after their passing, in a way which is both meaningful and useful to the scholarship recipient. Raise funds in memory of a loved one by creating a mycause memorial fund.