The Ty Longley Foundation has been set up in honor of the late Great White guitarist as a non-profit fund by his parents to benefit the victims of the fatal fire as well as their families. The tragedy took place at the Station in West Warwick, RI, Feb. 20. The indie Knight Records label will release a benefit CD featuring performances by Ty with various artists. Proceeds from sales of the record will be earmarked for the Foundation. Donations may be sent to Ty Longley Memorial Fund, c/o City National Bank, 400 N. Roxbury Dr., Beverly Hills, CA 90210.