I've been thinking about you and your friend for a few days now. I send my best wishes.
I also took time to think about a friend of mine from college, who died from cancer. His name was Kenton Lerch, and it's been a while since I thought of him. I feel sad to miss him, but happy to remember him.
I think your idea to establish something constructive, like a scholarship, in his name is a good one. Although it does not change the sadness, making your friend's passing into a bridge for others is something beautiful to me.