Mr. & Mrs. William J. Calpin, Jr., with their family and friends, established the Molly Fund in April 1994 to memorialize and celebrate the life of Molly Elizabeth Calpin. In 2017, the fund was updated to the Molly Calpin and Megan Calpin Hughes Fund in memory of the passing of Megan Calpin Hughes, sister of Molly. This fund supports children who are facing catastrophic illness and to their families. The Calpin Family are advisors on grants from this fund.