Loyola Jesuit Center was founded on an act of generosity. In 1927, Welcome Bender purchased the Foote estate in Morristown and donated the house and property to the Jesuits. Loyola continues to rely on the generosity of its donors, benefactors and friends to keep its mission going.
A misconception is that planned giving is only for the “wealthy”. The truth is, even people of modest means can make a difference through planned giving. Loyola Jesuit Center has benefited greatly from the bequests of friends and retreatants. By giving to Loyola, they said to the world, “This (place) was important to me.”
A planned gift may be an outright gift or a life-benefit gift. An outright gift is just that, a direct contribution. It may be in the form of cash, property, insurance, or other type of financial asset. A life-benefit gift, on the other hand, is a type of giving that allows you to retain some benefit such as income or use of your residence while you are living. Upon your death, Loyola Jesuit Center receives the benefit of your gift.
A planned gift is made during an individual’s lifetime.
Most people think of leaving a certain amount of money to Loyola Jesuit Center by including the gift in their will. However, giving cash or other assets is just one way to make a bequest. There are many other types of planned giving opportunities:
For more information about the gift opportunities described above, please contact Mrs. Teresa Elko, Controller at [email protected]
Four Easy Steps to Establish Your Estate Planning, Reduce Your Taxes and Make a Meaningful Gift to Loyola Jesuit Center:
Planned Giving Recognition Levels:
Companion of St. Ignatius Loyola $250,000 and Up
Loyola Gold Companion $50,000 – $249,900
Loyola Silver Companion $10,000 – $49,900
Friend of Loyola $5,000 – $9,999