Loras College’s Inspiring Lives & Leadership Campaign has topped its original goal of $75 million, and the College’s Board of Regents has raised the goal to $100 million, Loras College President Jim Collins (’84) announced today.
“This is a major milestone for Loras College,” said Collins. “Although we have not yet completed our solicitation for this campaign, we have achieved our original goal. That goal, the largest in Loras College’s history, was set in October 2013 when we launched the campaign. We are so grateful to our donors for their amazing support for Loras.”
The campaign has attracted unprecedented support: more than 18,600 alumni, faculty, staff, students and friends of the College have given cash gifts, made pledges or documented a planned gift since the campaign’s inception.
“The campaign’s focus has been on Loras’ most important asset: our faculty, staff and students. In setting our original goal, we looked at our needs and a realistic assessment of how much money could be raised,” said John Schmidt, chair of the Loras Board of Regents. “We are glad that assessment has proven to be short of the support our alumni and friends are willing to give Loras.”
“Our new goal tackles just a portion of the needs identified in the College’s strategic plan,” said Tom Tauke (’72), chair of the campaign. “As we continue our solicitation, we will focus on support for the people of Loras by encouraging contributions for scholarships and faculty chairs. While the campaign has raised more than $75 million, the specific goal of $45 million for the Loras College endowment—the most critical need for the future—is yet to be achieved. In addition, we will raise funds for the remodeling of Keane Hall, which will house Loras College’s Master of Business Administration (MBA) program.”
Collins recognizes daily the benefits the campaign has already achieved. “I am excited about the new opportunities our students and faculty are realizing through the generous support of this campaign. These opportunities will only grow as we increase our endowment and address program needs through the campaign extension.”
Campaign gifts that continue to have significant impact on Loras College’s students, faculty and staff include:
- More than 89 new scholarship funds helping to make a college education possible for students with financial need,
- The establishment of the Loras College Poll, conducting faculty-student surveys several times each year focused on political and social issues of interest that has garnered national and international attention,
- Creating the Global Scholars Program, offering Chinese language classes, cultural programming and study abroad courses in China,
- Creation of nine new endowed funds, including the MBA Founding Director Chair and the Andrew P. Studdert Chair of Business Ethics and Crisis Leadership,
- Updating the digital media lab in Hoffmann Hall, remodeling a new classroom and student lounge in the St. Joseph Hall of Science and renovating Keane Hall to house the Loras College Center for Business Analytics and improved faculty offices and classrooms, and
- Providing faculty development grants and funding student research in biology and neuroscience.
“The Loras faculty is dedicated to teaching. The administrators, staff and coaches support and nurture our students, allowing them to fully engage in a wonderful learning experience both inside and outside the classroom,” said Tauke. “Together they create a Christ-centered community that is fulfilling the College’s vision: to excel in developing principled thinkers and caring professionals in the Catholic and liberal arts traditions.”
“Our alumni, faculty, staff, students and friends have a strong history of meeting any challenge they are presented. Whether they are called on to give of time, talent or treasure, their overwhelming support of Loras College will benefit several future generations of Duhawks,” Collins added.