Preparing Tomorrow Tops $91 Million

IAC, Library funding efforts continue

November 25, 2008

While Loyola’s historic Preparing Tomorrow capital campaign surged past its original $80 million goal last spring, the momentum stemming from its extraordinary success has continued to attract support for the College. Through the end of March, campaign gifts and commitments totaled more than $91 million.

“I am immensely grateful to the thousands of participants in this extraordinary effort,” said College President Brian Linnane, S.J. “Their generosity has ensured that Loyola can continue to offer—as well as enhance—the first-rate programs, facilities and scholarship opportunities that make it such a remarkable university.”

While certain campaign priorities, most notably scholarship support and academic areas of excellence, surpassed their fundraising goals last year, efforts have continued to fully fund the construction of the Intercollegiate Athletic Complex and the renovation and expansion of the Loyola/Notre Dame Library.

More than $10 million in new gifts and commitments has buoyed the campaign since June 2007, including three seven-figure and four six-figure commitments. Of particular note: a single, anonymous $5 million gift, the largest personal gift in College history, in support of the IAC. At the donor’s request, the IAC will be named The Reverend Harold Ridley, S.J., Intercollegiate Athletic Complex, in honor of Loyola’s late President.

While the Loyola/Notre Dame Library renovation and expansion is well under way, a new steering committee continues to focus on raising the funds needed to complete the project.

The College’s planned School of Education received a significant commitment of resources with the creation of the Dottie and Lou Hoen Endowment for Education, the result of a planned gift established by Dottie Hoen, M.Ed. ’65. Sadly, Mrs. Hoen passed away in December 2007.

In addition to these notable, larger gifts, the campaign has continued to benefit from the participation of College alumni, parents and Loyola’s own faculty, administration and staff. Alumni campaigns have raised more than $3.6 million, and some individual class gift programs—like one planned by the Class of 1968, are continuing to attract support.

As Preparing Tomorrow enters its final phases, campaign organizers are planning ways to recognize the individuals, corporations and foundations that have played an essential role in readying the College to take on the opportunities and challenges it will face in the years to come.

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