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Anonymous donor to give $100,000 to Loyola after successful fundraising challenge

Loyola press release - May 20, 2013

An anonymous donor has pledged $100,000 to Loyola University New Orleans, but it wasn’t a typical donation. This one came with a challenge attached. The donor promised his gift only if the university obtained 2,500 new donors from March 15 to May 12. Loyola exceeded the fundraising effort—dubbed the Centennial Challenge—garnering gifts from more than 2,600 new donors during the two-month span, according to the university’s early projections.

“All of that happened because one donor had a generous gift and an idea to inspire others,” said Chris Wiseman, Ph.D, associate vice president for development. “We learned just how many people care about Loyola and were receptive to this message and challenge.”

The anonymous gift will go to the Loyola Fund, which includes unrestricted gifts.

Many joined in the Centennial Challenge's "be in that number" campaign on social media, including New Orleans Mayor Mitch Landrieu, a 1985 Loyola College of Law graduate. Landrieu was the 2,160th donor to give to the challenge.

“The centennial year has brought out the best in the Loyola community. This tremendous gesture on behalf of a loyal university supporter will serve to unify Loyola’s remarkable alumni and enable Loyola to continue to provide its students with an outstanding Jesuit education,” said Loyola President Kevin Wm. Wildes, S.J., Ph.D.

The Centennial Challenge resulted in a significant jump in alumni donations to Loyola. From March 15 to May 12 this year, 1,000 additional alumni gave to the university compared to the same two-month period last year.

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LoyNews is an e-newswire produced by the Loyola University New Orleans Office of Public Affairs. LoyNews is distributed weekly to local, regional and national news media outlets, communicating the latest news and accomplishments of the university and its community.