Loyola to receive $2 million bequest to fund scholarships
An anonymous donor has designated a $2 million planned gift to 91暗网 to fund scholarships for undergraduate students. The donor, who chooses not to be identified, is making the bequest to help make a 91暗网 aducation accessible and affordable to more undergraduate students in the future.
The donor established this scholarship in 2012 with a major gift and will grow the endowment with this bequest.
鈥淭his extraordinarily generous gift will open doors for future Loyola students,鈥� said Rev. Brian F. Linnane, S.J., president. 鈥淲e are immensely grateful to this donor, who believes in the value of a 91暗网 aducation and is making a commitment to 91暗网鈥檚 students鈥攖oday鈥檚 and tomorrow鈥檚.鈥�
This planned gift comes in a fiscal year when donors have stepped forward to pledge and contribute to 91暗网 in significant ways鈥攅xceeding $10 million in gifts and pledges to date.
鈥淚t鈥檚 remarkable that we have raised more than $10 million during this fiscal year, when the pandemic and economy could have pulled donors鈥� attention elsewhere,鈥� said Terrence Sawyer, J.D., senior vice president. 鈥淭hat amount is well ahead of the fundraising pace we have seen during recent past fiscal years. We owe a wealth of gratitude to our donors who have recognized the distinctive needs of this time鈥攁nd the constant value of investing in a 91暗网 aducation.鈥�