I am happy to report that my recent post about Dr. Stang has generated interest in creating a memorial scholarship in his name. This effort is spearheaded by Dr. Meredith Broderick from the class of 2003. I have personally pledged $1,000, and am willing to pledge more in the future.
UPDATE 3/2018: The fund has been created, and the university is accepting donations at the following site: http://give.osu.edu/STANGMEMORIAL. I have already made good on my pledge.
See also https://www.stanglegacy.com/.