2019-2020 Undergraduate Academic Catalogue 
    
    Jul 23, 2019  
2019-2020 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.

Annual Giving

Annual Giving provides critical support for the 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. Annual Giving donations open the benefits of a Loyola education to talented students from a variety of backgrounds, allowing the University to recruit a more diverse student body and create a campus community reflecting the world Loyola graduates will enter.

Benefits of Annual Giving include:

  • Investing in the value of every Loyola degree;
  • Providing an important vote of endorsement of for Loyola; and
  • Increasing Loyola's giving participation rate - a national benchmark for other colleges and universities.

Annual gifts to Loyola can be made in support of the following:

Evergreen Annual Fund

One hundred percent of gifts to the Evergreen Annual Fund help meet Loyola's greatest financial challenge, which is funding academic scholarships and need-based grants for deserving students. With 85 percent of Loyola students receiving some form of financial aid—and most of that assistance provided by Loyola—support of the Evergreen Annual Fund is critical. Gifts to the Evergreen Annual Fund make a Loyola education possible and accessible to even more students.

Greyhounds Athletics Fund

Gifts made to the Greyhounds Athletics Fund support the well-being of more than 400 Loyola Greyhound student-athletes. These gifts provide the athletic department's administration the opportunity to invest in the areas of greatest need among all of its priorities. Academic support, sports medicine, and strength & conditioning are examples of the ways in which these dollars are invested in Loyola student-athletes.

Designated Giving

Annual gifts may be designated to enhance the student experience, including new and upgraded technology and equipment, academic programs, student services, and creative curricula like the Messina program.

The Phonathon campaign, annual appeals, giving day challenges, 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 Annual Giving. For more information, contact the Office of Annual Giving at 410-617-2296, or Liz Hertneck Stier, Director of Annual Giving, at ehertneck@loyola.edu.

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.

The John Early Society is comprised of donors who contribute annual gifts of $1,852 in honor of the year of Loyola's founding. There is also a special Young Alumni Circle designation for undergraduate alumni in the 15 years following graduation.  Young Alumni Circle donors in the John Early Society contribute between $100 and $1,500 annually, with a minimum gift of $100 multiplied by the number of years since graduation. For more information about The John Early Society, contact Liz Hertneck Stier, Director of Annual Giving, at 410-617-2296 or ehertneck@loyola.edu.

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.