Smith Foundation to aid Ala. students
BIRMINGHAM, AL — A foundation named after an influential textile leader of the 20th century and designed to fund college scholarships for students throughout Alabama has been formed.
The program details for this multi-million dollar program was announced at a kickoff luncheon here on Dec. 2. About 10 scholarships will be awarded for the 2005/2006 school year, increasing in number each year thereafter.
Funding for scholarships was made possible through the J. Craig and Page T. Smith Foundation, an educational scholarship fund designated for Alabama’s children — especially those who are the first in their families to attend college. The foundation was created by Mignon C. Smith in honor of her parents.
Her father, J. Craig Smith (1905-1977), was president and CEO of Avondale Mills. He was noted for continuing a strong family tradition of integrity in both business and his personal life.
The announcement of the scholarships was held in conjunction with several other announcements. The J. Craig Smith Endowment Chair for Integrity in Business, housed at The University of Alabama, also shared in the kickoff celebration events. …Read More on TextileNews.com