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Loyola University Maryland    
 
    
 
  Dec 16, 2017
 
2017-2018 Undergraduate Academic Catalogue

Gifts to Loyola



Loyola University Maryland is deeply grateful for the gifts from alumni, parents, and friends, whose support is essential for future excellence. The University's comprehensive advancement 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 Annual 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 Catholic Studies and Messina programs. 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 Annual Fund. For more information, 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.

The Jenkins Society

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, which allow donors to make a current gift to the University while receiving lifetime income for themselves and/or spouse. Those who provide for Loyola in their estate plan are recognized for their foresight, dedication, and generosity through membership in The Jenkins Society, a giving society named for George Carroll Jenkins, one of Loyola's first 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, retirement assets, real estate, or other property. Loyola can be designated as the recipient of a specific dollar amount or a percentage of an estate, or as the recipient of the remainder of an estate after other bequests are satisfied. The University's legal title 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 Loyola's 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 aligns the donor's passion with the University's needs. 

To learn more about these topics and other charitable giving vehicles, please contact the office of planned giving, at 410-617-1411.

The John Early Society

Members of The John Early Society enjoy a special relationship with Loyola University Maryland. In social gatherings, presentations, and personal interaction with Loyola's President and other University leaders, members have an opportunity to engage with others who share their excitement about the University's future and commitment to helping Loyola pursue its mission of educating students to learn, lead, and serve in a diverse and changing world.

In recognition of their annual support of Loyola, John Early Society members receive a number of benefits. These include invitations to special events such as the annual John Early Christmas party; special communications from Loyola's President; and access to administrators in the Office of Advancement who are dedicated to providing responses to members' questions, comments, and concerns.

There are six membership levels in The John Early Society: Benefactor ($25,000 or more); Fellow ($10,000-$24,999); Associate ($5,000-$9,999); Founder ($1,852-$4,999); Young Alumni Circle, a special designation for undergraduate alumni in the 15 years following graduation ($100-$1,500, a minimum gift of $100 multiplied by the number of years since graduation).  For more information about The John Early Society, contact Brian Oakes, assistant vice president for advancement at boakes@loyola.edu or 410-617-5161.

The Magis Society

The Magis Society is comprised of a select set of donors who have demonstrated unwavering fidelity to Loyola's Jesuit mission by contributing $1 million or more in their lifetimes. Magis, a single word that signified the Jesuit commitment to the common good, is an expression of aspiration and inspiration. As such, it is a fitting name for the most prestigious circle of giving at the University.