Loyola launches Bright Minds, Bold Hearts campaign to raise $100 million
When alumni, parents, and friends of Loyola University Maryland gathered Dec. 7 to celebrate the launch of the University’s comprehensive campaign, they may not have realized they were in for an evening of surprises.
They were introduced to the campaign name, Bright Minds. Bold Hearts: The Campaign for Loyola University Maryland, and learned that more than $43 million of the $100 million campaign goal had been raised as of that day.
They had a chance to explore the campaign priorities firsthand through a hands-on, interactive culinary experience.
But the biggest surprise of the evening came in a $5 million gift from Loyola trustee John Cochran, ’73, and his wife, Patricia, to support scholarship funding for students from the Baltimore area, and to fund Loyola’s Alumni House, which opens officially Jan. 13, 2014.
“It has always been about scholarships for Pat and me. We want to create the opportunity that I had for other young people,” said Cochran, whose daughter, Kate, graduated from Loyola in 2000. “And, as a Loyola graduate, I can also appreciate the value of having an Alumni House, especially at an institution where the alumni have such deep, lasting affection for their alma mater.”
Though Loyola President Rev. Brian F. Linnane, S.J., had known in advance of the Cochrans’ gift, he was among those surprised by the announcement that the Alumni House will be named in his honor.
“I'm stunned,” Fr. Linnane said after John Cochran announced that the gift would name the building “The Rev. Brian F. Linnane, S.J., Alumni House.”
Fr. Linnane has served as president of Loyola since 2005.
“I hardly know how to thank Pat and John Cochran for this tremendous—and completely unexpected—honor they are bestowing on me personally,” said Fr. Linnane. “The Cochrans have demonstrated their outstanding commitment to and deep generosity for Loyola over the years, and this magnificent five million dollar gift will make an extraordinary difference for our current and future students. Growing scholarship funding is critical to Loyola’s success, and I extend my deepest gratitude to them on behalf of the University.”
Bright Minds, Bold Hearts is designed to affirm the University’s commitment to Jesuit values, better prepare students for today’s complex challenges, and strengthen Loyola’s impact and national prominence.
“As we come together to launch a comprehensive campaign that will shape Loyola’s history for generations to come, we are here not just to talk about Loyola, think about Loyola, and imagine all that Loyola can be in the future, but to embark together on a journey of exploration and celebration,” Fr. Linnane told the group gathered in the University’s Reitz Arena. “What we offer here in our classrooms, in our residence halls, all around campus, is not merely knowledge or career preparation. Our students aren’t checking off a box to say they have collected a degree. Not at all. In fact, Loyola is a humanizing force.”
The campaign will support the key initiatives in Loyola’s strategic plan: Messina, Sellinger School of Business and Management, Athletics, Loyola College, Clinical Centers, School of Education, Global Studies, Mission and Ministry, York Road Initiative, and the Annual Fund.
The funds raised will grow Loyola’s endowment, scholarship funds, and faculty positions, and grow Messina, Loyola’s living learning program for first-year students which launched for one-third of the class this fall. All first-year students will be enrolled in the program beginning in fall 2015.
“We have such a talented group of students learning from outstanding faculty, achieving so much academically, while also realizing the great need to give back, to serve something greater than themselves,” said Ken Boehl, ’76, MBA ’81, campaign chair. “With this campaign, we are looking ahead to Loyola’s future—a bright one, certainly, and a bold one, but one that will take us to even greater places than we can foresee this evening.”