Sound of Music Festival Executive Director Myles Rusak says $1,000 will be awarded each year to a promising young individual from the community"

The steely-eyed keyboardist known simply as "Beard Guy," received a grand sendoff at an outdoor acoustic tribute concert where hundreds of people gathered to celebrate the musician, alongside his friends in bands the Barenaked Ladies, Arkells and Monster Truck.

The band said that he passed away from natural causes last night while in his sleep.