By meeting the needs identified in the new campaign, Loyola seeks to secure its growing position among the nation s highest-ranked, Catholic, Jesuit colleges and universities. This group is comprised of more than 600 donors who are the College's most generous alumni, parents, and friends. The John Early Society gathers annually for a social event and is invited to other events on campus. Those who provide for Loyola in their gift and estate plans are recognized for their foresight and dedication through enrollment in the Jenkins Society, a giving society named for George Carroll Jenkins, one of Loyola s first and most generous 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 can also 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, life insurance, real estate, or other property. Loyola College can be designated as the recipient of a specific dollar amount or percentage of an estate, or as the recipient of the remainder of an estate after other bequests are satisfied. Inc. When making a bequest or other planned gift to the College, it is advisable to consult both legal and tax advisers as well as the Development Office. 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 benefits the College most effectively.