Loyol a Academy Second Century Campaig n
SECOND CENTURY RESERVE FUND FUNDRAISING GOAL:
$ 10 M I L L I O N
What is the Second Century Reserve Fund? It is one of six initiatives in the Second Century Campaign — an ambitious fundraising effort that will position Loyola Academy as the nation’s leading Jesuit, college-preparatory, faith and education center for the 21st century. When fully funded, this unrestricted cash reserve will give us the liquidity and financial flexibility we need to respond to unforeseen circumstances, meet unanticipated expenses and seize opportunities for growth and expansion.
Why is this initiative the cornerstone of the Second Century Campaign? Jesuit education — with its emphasis on a comprehensive curriculum and cura personalis (care for the individual) — is an expensive proposition in today’s world. To carry on the Jesuit tradition of excellence while fulfilling the mission of educating the whole person, too many Jesuit schools must make the difficult choice between funding daily operations and building a sufficient reserve fund. Just as profit-sector businesses cannot function without working capital, Jesuit schools like Loyola Academy need unrestricted operating reserves. The importance of building an adequate reserve fund for Loyola Academy cannot be overstated.
110 0 L A R A M I E A V E N U E
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WILMETTE, ILLINOIS 60091–1089
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TELEPHONE 847.256.1100
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FAX 847.251.4031
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W W W. G O R A M B L E R S . O R G
BENEFITS OF A ROBUST RESERVE FUND • Will ensure Loyola’s financial stability by providing a cushion against unexpected events; disruptions in cash flow; and major, unanticipated expenses • Will enable us to take advantage of strategic opportunities as they arise
A FOUNDATION FOR EXCELLENCE Help us lay the financial foundation for a second century of excellence in Jesuit education at Loyola Academy by making a gift to the Second Century Reserve Fund.
UNRESTRICTED RESERVE
• Will enable Loyola to access funds for capital or programmatic expansion at a lower interest rate
• Will position Loyola as a financial model for other Jesuit secondary schools
With your generous unrestricted support
for the Second Century Reserve Fund, we can serve as a financial model for Jesuit schools across the nation and lay the financial foundation for excellence in Jesuit education in our second century and beyond.
For more information,
$20
AMOUNTS IN MILLIONS
• Will ensure the school’s long-term financial stability by increasing our unrestricted investments-to- debt ratio from .5:1 to 1:1
Goal: $21.3 M
$15
$10
Amount needed to reach goal: $10 M
Current reserve: $11.3 M
$5
$0
please contact Vice President of Advancement Bob Miller at 847.920.2428 or bmiller@loy.org.