Loyola University Maryland will benefit from a $1.5 million planned gift from Gordon Erberts, ’49, to support programs and initiatives in Campus Ministry and the office of mission integration.
Erberts, of Toluca Lake, Calif., was inspired to make the gift after reflecting on his experience at Loyola and the rigorous Jesuit education that prepared him for success.
“Loyola did something for me, and I want to do something for them,” said Erberts. “The Jesuits are darn good teachers. They did a good job with me, and I want to pass that on to today’s young people to give them a head start on life.”
His gift benefits multiple initiatives focused on mission and ministry, primarily through four endowed funds. Loyola will create the Erberts Campus Ministry Endowed Fund to support the programmatic needs of Campus Ministry and the Erberts Assistance Fund for Student Retreats to provide grants to students who require financial assistance to attend campus-sponsored retreats. In addition, Loyola will create the Erberts Ignatian Retreat Endowment Fund to support the Ignatian retreat program for Loyola faculty, staff, and administrators. Finally, Loyola will create the Erberts Pilgrimage Endowed Fund, which will support programs that promote the Catholic and Jesuit activities and mission of Loyola.
The remaining dollars will be allocated equally among faculty development initiatives, student integration efforts, and related publication expenses.
“Exceptional students from all over the world choose Loyola because of our commitment to the quality and value of a challenging Jesuit education,” said Rev. Brian F. Linnane, S.J., Loyola’s president. “Mr. Erberts recognizes that commitment, and his tremendous generosity will provide enriching opportunities for members of our community to strengthen their connections to one another and our mission to serve others.”
Erberts was a chemistry and modern biology major at Loyola and commuted to campus from his home in Baltimore’s Ten Hills neighborhood. He began his career in flooring sales before switching to selling mutual funds. He moved to California in 1960 and continued in the mutual fund business until his retirement.
Erberts’ gift supports Loyola’s ongoing Bright Minds, Bold Hearts comprehensive campaign to raise $100 million to grow Loyola’s endowment, scholarship funds, and faculty positions, and grow Messina, Loyola’s living learning program for first-year students.
Read more about Gordon Erberts in Loyola magazine.