February 3, 2005

$40-Million Committed for Scholarships; Other Gifts

Five institutions have received large gifts:

  • Mignon C. Smith has given $10-million to establish an organization to provide college scholarships to Alabama students who have a record of community service. The scholarship program will be housed at the J. Craig and Page T. Smith Scholarship Foundation, in Birmingham, Ala. In addition, Ms. Smith, who lives in Washington, D.C., and Birmingham, has created a $30-million charitable remainder trust to support the foundation. Ms.

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