2009 - 2010
Undergraduate Catalogue
Gifts to Loyola University
Loyola University is deeply grateful for the gifts from alumni, parents, and friends, whose support is essential for future excellence. The University's comprehensive development program includes an annual campaign to provide operating support; capital campaigns to fund construction projects, endowment needs, and other capital programs; and planned giving programs to enhance estate management and the tax benefits of giving. Through its various development efforts, Loyola strives to provide constituent groups such as alumni, parents, friends, corporations, and foundations with opportunities to take leadership roles that have a direct and meaningful impact on the University's future.
THE EVERGREEN FUND
The Evergreen Fund, Loyola's annual fund, provides critical support for University's annual operating budget, ensuring that its programs continue to be of the highest quality and helping to keep tuition as affordable as possible. The Fund provides resources to meet needs that tuition does not fully fund. These include an increase in financial aid, new and upgraded technology and equipment, new faculty openings, and creative curricula like the Alpha Program and the Catholic Studies Program. Excellence in these areas enables Loyola to attract top candidates for admission into its undergraduate and graduate programs, thus preparing tomorrow's leaders today.
The phonathon campaign, alumni reunion-year campaigns, the parents' council for current and former parents, and the senior class gift program are just some of the ways by which Loyola seeks to involve donors in the Evergreen Fund. For more information on the Evergreen Fund, please contact the Annual Fund Office at 410-617-2296.
CAPITAL PROGRAMS
Special capital campaigns and fund-raising programs provide additional funds for endowment needs, campus construction projects, and other capital programs beyond the scope of the annual operating budget.
Loyola's Preparing Tomorrow capital campaign surpassed its $80 million goal in mid-2007 and exceeded $90 million by early 2008. The largest fund-raising effort in the history of the University, the campaign supported a comprehensive list of priorities based on the University's recent strategic plan, including a new intercollegiate athletic complex (to be named The Reverend Harold Ridley, S.J., Intercollegiate Athletic Center at the request of an anonymous, $5 million donor), the expansion and renovation of the Loyola/Notre Dame Library, and endowment and special academic initiatives. A highlight of Preparing Tomorrow's public phase was the We Are Loyola campus campaign, which raised significant support for key campaign priorities. Other divisions of the campaign active during 2007-08 included the alumni campaign, the parent campaign, and an ongoing corporate and foundation campaign.
The Preparing Tomorrow campaign built upon the success of the "Renewing The Promise" capital campaign, which raised $43 million by its conclusion in 1997 and affirmed Loyola's reputation as a top regional university.
THE JOHN EARLY SOCIETY
Leadership donors have a unique opportunity to shape the future of Loyola through membership in The John Early Society. Membership is recognized at one of the following levels: Fellows ($5,000 or more); Members ($2,500-$4,999) Associates ($1,000-$2,499); Institutional Associates (corporate gifts of $5,000 or more); and Colleagues (for alumni within 10 years of graduation; begins at $400). This group is comprised of more than 600 donors who are the University's most generous alumni, parents, and friends. The John Early Society gathers annually for a social event and is invited to other events on campus.
MAKING BEQUESTS AND OTHER PLANNED GIFTS
In addition to annual and capital outright gifts, Loyola welcomes planned gifts in the form of bequests and life-income gifts such as gift annuities or pooled income fund gifts, which allow donors to make a current gift to the University while receiving lifetime income for themselves and/or another person. Those who provide for Loyola in their gift and estate plans are recognized for their foresight and dedication through enrollment in the Jenkins Society, a giving society named for George Carroll Jenkins, one of Loyola's first and most generous benefactors.
Gifts made in the form of a bequest can accommodate a donor’s wishes in ways similar to lifetime gifts. Wills can stipulate that a gift be unrestricted or designated for a specific purpose. They also can be used to establish charitable trusts to provide life income to a surviving spouse or other heirs. Bequests can be made with cash or securities, real estate, or other property. Loyola University can be designated as the recipient of a specific dollar amount or percentage of an estate, or as the recipient of the remainder of an estate after other bequests are satisfied. The legal title of the University for the purpose of a bequest is "Loyola University Maryland, Inc."
When making a bequest or other planned gift to the University, it is advisable to consult both legal and tax advisors as well as the Office of Planned Giving. By doing so, donors are assured not only that all legal requirements will be met, but also that their wishes as to the use of the gift will be implemented in a manner that benefits the University most effectively.
For a complimentary brochure on these topics and other charitable giving vehicles, please contact the Office of Planned Giving, 410-617-2901.