In 2005 Mignon endowed The Foundation in her father and mother’s names, the J. Craig and Page T. Smith Scholarship Foundation, to provide full tuition for Alabama high school seniors to attend Alabama colleges. A minimum C+ grade average and civic involvement and/or special family responsibility is required. A minimum grade of C+ is necessary to continue the four year scholarship.
Also in 2005, The Mignon C. Smith Living Trust endowed The J. Craig Smith Chair for Integrity in Business through the University of Alabama Donor Advised Fund that provided funding for programs in the University of Alabama Business Department and Center for Ethics and Social Responsibility. Mignon was concerned about the loss of integrity in the current generation of business and hoped the programs at the University of Alabama would become a catalyst to teach the ethics that her father ascribed to in business to our future leaders.