The doors open at 8 p.m. and the bands will start playing at 9 p.m. Tickets are currently on sale for $5 and can be purchased at the door.
Michelle Shuey, a coworker of Dare's father, developed the idea for the show. She said she felt inclined to find a way to help the family just after the accident.
Kevin Dare, a 19-year old State College resident, died attempting a pole vault at an intercollegiate track meet in Minnesota in February.
"When tragedy hits a good family like the Dares, you wonder, 'What can I do?' " Shuey said. "It feels good to know I was able to help."
Knowing a few local bands, Shuey began planning the show and then contacted Dave Wells, operations director for Crowbar.
She said she was able to find a date that fit well into everyone's schedule, and the bands agreed to perform for free.
Wells said he has been a part of many different fundraisers and benefit concerts, each for a variety of causes.
"Over the years, Crowbar has done a lot of benefits, everything from Habitat for Humanity to [IFC/Panhellenic Dance Marathon], and they've all been done very well," Wells said. "Each of them has also been supported by the community."
Wells and Shuey have since been working together to publicize the show as much as possible. Each of the bands is also working to promote the show and even helping out beyond ticket sales. Shuey said Poptart Monkeys will be raffling off an autographed guitar, with proceeds going directly to the fund.
Eric Dare said he and his family have also been working to raise money for the scholarship fund, which is meant to benefit any track athlete.
A Web site, www.vaultforlife.com, was also designed to raise awareness of pole vault safety and gather those who have also experienced such tragedies.
Just before the bands take the stage Monday, the show will feature a special performance by Katie Martin and Penn State football defensive back Bryan Scott, friends of Dare, who will play a tribute song they wrote. Backed by J.R. and Deborah, the duo will also be selling CD copies of their song, which they recorded. The money raised will be also given to the fund.
Wells said he has been hearing a lot of interest from people about the benefit show and is confident it will draw a large crowd.
"I think it's going to be really well run," Wells said.
Shuey agreed, saying she had high hopes people would help as much as possible.
"We're hoping and looking for the show to be sold out," Shuey said.