A number of Memorial funds have been established to create a lasting legacy for some special Madisonians.
| Memorial Funds at James Madison College | Allocation Code | |
| Jack Paynter Endowed Lecture Fund | AJ00961 | |
| Anthony Olcott Endowed Scholarship | AJ001231 | |
| Douglas J. Hoekstra Endowment for the Study of American Politics and Political Institutions | AJ0075 | |
| Peter Lyman Endowment for the Application and Study of Technology |
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| Herbert Garfinkel Memorial Endowment Fund for Citizenship and Democracy | AJ0071 | |
| Jack Chapin Memorial Endowment and Prize | AJ0100 | |
| Steven J. Kautz Endowment | AJ001224 | |
| Lily Ann Klinger Endowed Memorial Fund in James Madison | AJ0072 | |
| Rachel P. Kahan Memorial Scholarship for the MSU/Washington D.C. Internship Program | AJ00123 | |
| Daniel Rosenthal Legislative Award Endowment Fund | AJ040 | |
| Derek J. Sarafa Scholarship Fund | AJ00139 | |
| Doug Toma Scholarship for Outstanding Roommates and Case Hall Residents at James Madison College | AJ00121 | |
| Frank and Adelaide Kussy Memorial Scholarship for the Study of the Holocaust | AJ013 | |
| Sylvia E. Tramm Scholarship Fund | AJ0095 | |