Each year Loyola turns to its alumni, parents, staff and friends for their financial support of the Annual Giving Campaign. It is a way of engaging the entire community in the school’s mission of educating and forming “men and leaders for others”. It enables donors to make a real difference, regardless of the size of their gift.
To see the “power of many” in action and your fundraising dollars at work, we invite you to peruse the:
- Annual Donor Report for the 2015-2016 school year.
- Annual Donor Report for the 2014-2015 school year.
The theme of this year’s Annual Giving Campaign is "Celebrating 120 years of family, spirit, tradition". Our financial goal is $600,000. How can YOU help us achieve this target?
When St. Ignatius began the Society of Jesus and founded schools around the world, his goal was to make Jesuit education possible for all, regardless of economic status. This tradition of diversity and accessibility continues to our day. The Financial Aid Program ensures that no qualified student is ever turned away because of his family’s inability to pay the full cost of a Loyola education. This year, the Foundation has granted 118 students (1 out of 6) a total of approximately $720,000 in financial aid.
Donations designated for “greatest needs” are used at the school’s discretion for current special projects. Last year, the Annual Giving Campaign contributed significant funds to Athletics, Robotics and the Dominican/Belize Service Experiences.
To accommodate our extensive Athletics program, and after 40 years of daily use by over 700 boys, our gym is in need of a major overhaul. New flooring, expanded team changing rooms, reconfiguration of the shower and washroom facilities, and a new air conditioning system are among some of the important upgrades that need to be made. The estimated cost of the renovation is $1,000,000.
A strong endowment is critical to the long-term health of the school. It generates an ongoing source of income from the funds invested, provides financial stability and insulates against the potential loss of government funding. Last year, the Foundation's total endowment reached $10,031,229.
Mothers-for-Others Bursary Endowment
The Mothers-for-Others Bursary Endowment is a call to mothers of former and current students to assist single mothers who are struggling to finance their sons’ educations.
Class Bursary Endowment
Graduates pool their resources to create a bursary endowment bearing the name of their graduating year. The goal is to reach an endowed fund of $150,000 to cover one student’s tuition annually.