Established by the family of Luigi and Elisa Panichi, and managed by The Community Foundations of the Hudson Valley, to honor their memory this scholarship is available to seniors graduating from high school and students currently enrolled in accredited academic institutions including 4-year public and private colleges or universities, community colleges, and trade schools whose parents or guardians are employed by Panichi Holding Corp. d/b/a Royal Carting Service Co. or Valley 82 Holding Corp. d/b/a Welsh Sanitation Service.