In 1992, Holly, her Father Grant, and their families established the "A" Fund at Hobart and william Smith Colleges in memory of her brother, Alexander, about whom Holly said, "He was a boy filled with dreams, hopes, and plans. Although he was only 14 when he died, he had traveled extensively in Europe and Central America, lived in New York City and Los Angeles, and these experiences produced in him a fascination for architecture and archaeology."