Donors may determine the criteria for the scholarship award. The William Mitchell development staff can also assist donors and explain the areas of greatest need. Scholarships may be made in honor or memory of a colleague, friend, or loved one. Donors may also select the name of the scholarship. Endowing a Scholarship Endowed scholarships are important for the future of William Mitchell and its students because they provide permanent, ongoing scholarship support through income earned on endowed funds.
Many donors use appreciated property or securities to make their gift to the college.
They can save income taxes twice by using appreciated securities. First, they save by receiving a charitable deduction for the current value of stock. Second, donors save by eliminating payment of capital gains tax on the stock's increased value.