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A Message from the Vice President of University AdvancementÌý

This time of year brings about some of the most meaningful conversations with our dedicated supporters about ways to make a difference at Loyola. What’s really resonating with many of our generous friends is the opportunity to use required yearly minimum distributions (RMDs) and gifts of stock to directly impact the lives of our students.

For individuals aged 73 and older who are required to draw from traditional IRA and retirement accounts, the benefits are threefold: 1) fulfilling their federal obligation, 2) reducing their tax liability, and 3) making a profound difference in the lives of Loyola students. By transferring RMD funds directly from their financial institution to Loyola, every dollar goes straight to supporting our students and their educational journeys.

I’ve also noticed that gifts of stock have become a favorite, especially towards the end of the year. Transferring stock directly to Loyola not only allows our donors to avoid capital gains taxes but also enables them to make a more significant gift than if they had sold the stock themselves and donated the proceeds. This simple yet powerful gesture helps our supporters create a lasting impact on the future of Loyola, while also giving them peace of mind that their gift is maximizing its potential.

If either of these are of interest to you, we would enjoy the chance to walk you through the process. Please feel free to contact me at 504.861.5566 or sahotard@loyno.edu, or reach out to my colleague , Director of Gift and Estate Planning, at 504.861.5442 or kmaney@loyno.edu.

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Stephanie Hotard '04, M.B.A. '10

Vice President of University Advancement