Diversity of gifts from Mitchell estate provides
diversity of opportunities for MC students
Clarence Mitchell never attended Manchester, but through thoughtful planning, gifts from his and his late wife, Margaret's, estates will strengthen the College for years to come.
The longtime resident of Mount Morris, Ill., died last January on his 102nd birthday. Through their estate planning, Clarence and Margaret Mitchell '32mm left Manchester more than $150,000 in three types of gifts – a bequest, a charitable remainder trust and a charitable gift annuity.
The couple’s charitable remainder trust and the charitable gift annuity paid them income during their lifetimes and provided them with significant tax benefits. The bulk of the MC estate gifts benefit the Margaret and Clarence Mitchell Endowed Scholarship, with a smaller bequest designated for peace initiatives of the College.
“His love of Manchester stemmed from his beloved wife, Margaret,” said Jim Falkiner '69, the Mark E. Johnston professor of entrepreneurial studies and senior development officer at Manchester. Margaret graduated from Mount Morris College in 1932, in the final class before the Illinois school merged with Manchester College.
At age 16, Mitchell became an apprentice printer for Kable Printing Co. (now World Color Press) in Mount Morris, eventually working his way up to editorial director. Though he never earned a college degree, he had a deep thirst for knowledge and wrote several books – River Hill Soliloquy about his farm, Diary of a Journeyman about his childhood and career, and Montana Montage, about his summer on a dude ranch. Mitchell traveled extensively on business and in retirement with Margaret – all over the United States and in Europe and Africa.
Married nearly 70 years until Margaret’s death in 2000, the Mitchells had no children. Now, their legacy is creating educational opportunities for young people. In addition to their Manchester College gifts, the couple gave generously to other higher education institutions and underwrote the Manchester College expenses of the great-grandson of a couple who befriended the Mitchells in the 1930s.
The Mitchells supported the Church of the Brethren and other nonprofit charities. For the breadth of their generosity, Manchester honored them with a Certificate of Responsible Philanthropy in 2000.
For more about giving to Manchester College, visit the website at www.manchester.edu and click on Giving Information on the left index. For assistance about including Manchester College in your estate plan, contact Stephen S. Thomas, J.D., director of gift and estate planning, Office of College Advancement, 260-982-5081 or email@example.com.