Loyola College Prep manages more than 20 endowed funds. Alumni, parents, and friends have established these endowed scholarship, faculty development, and program funds. The principal is held in perpetuity, and only the endowment income is spent. The minimum gift to create an endowed fund is $25,000.
A strong endowment allows the Trustees and administration to plan for Loyola's future and to meet changing priorities over time. Numerous opportunities exist to recognize an individual, a faculty member, family, friend or colleague through the creation of a named endowment. Such gifts may be designated for a particular division, program or area of interest.
Named funds become a permanent part of the Loyola legacy, enriching the educational experience for generations to come.
A donor may also elect to support a particular priority by establishing a named fund or a fund that the School may allocate in full toward an immediate need.
Capital gifts are single- or multi-year gifts given in addition to The Annual Fund and restricted to specific programs, purposes or buildings identified by the Board of Trustees' Strategic Plan.
Over and above Loyola's need for annual operating support is its need to plan for the School's long-term health and to pursue new opportunities as they arise. Capital gifts may be directed toward endowing a scholarship, providing faculty support, supporting a program or improving the athletic facilities or a classroom building.