Walker, best known for his role as Brian O' Conner in the "Fast and Furious", started an organisation 'Reach Out World Wide,' to assist in disaster relief efforts around the world and Meadow wants to continue that work, reported E! Online.
The 16-year-old shared a childhood photo of hers with him and announced she has founded the Paul Walker Foundation, which will also provide grants and scholarships to marine science students and researchers.
"Reflecting on my father, I found myself reflecting on his passions. His passion for the ocean, his passion for rescuing animals, his passion for helping people and his passion for spontaneous goodwill.
Walker's "Fast and Furious" co-stars Dwayne Johnson, Ludacris, and Nathalie Emmanuel paid him birthday tribute on social media.
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"Happy Birthday @RealPaulWalker #WishYouWereHere," wrote Nathalie Emmanuel.
WWE wrestler-turned-actor Dwayne Johnson took to Twitter to remember his friend and co-actor.
"Happy birthday brother. Grateful you were born. #Ohana #PaulWalkerFoundation #DoGood."
"Happy Birthday to my Brother @paulwalker #gonebutnotforgotten #rip," Ludacris posted on Instagram.
He went on to reprise his role last being "Furious 7."
Apart from the street racing action film, he also starred in films like "Eight Below", "Timeline", "Into the Blue", "Joy Ride" and "Running Scared".
Paul Walker died in a car crash on November 30, 2013.