Speedy Memorial Foundation is a 501 (c)(3) non-profit organization founded in 2019 by the Espericueta family in McAllen, Texas to honor Jose Luis “Speedy” Espericueta Jr. The Speedy Memorial Foundation was instituted for funding higher education for children of Law Enforcement Officers. Scholarship awards begin at $1,000 for scholars. The numbers of awards are subject to organization funding. Each Scholarship application will be scored according to scoring guidelines by a separate panel of qualified volunteers. Criteria used for scoring includes: academic achievement, quality of essay, extracurricular activities.