The Rev. William J. Watters, S.J. Legacy Society honors individuals who have included St. Ignatius Loyola Academy in their estate plans.

Benefits of Making a Legacy Gift

Planned gifts are a wonderful way to continue your support of the Academy in perpetuity. Unrestricted gifts or those designated for “general support” will be added to the Academy’s general endowment which supports all aspects of the school including student scholarships, faculty, general operations, and strengthen’s the Academy’s financial position. Planned gifts may also reduce estate tax burdens. We encourage you to speak with your financial advisor or attorney to choose an option best for you.

Types of Gifts

Wills and Bequests

Leaving a bequest in your will is one of the simplest forms of a planned gift. You can specify an amount or percentage of your estate or proceeds of specific assets to the Academy.

Sample Residual Gift Language
I give and devise to Saint Ignatius Loyola Academy, Inc., located in Baltimore, MD, all (or state a percentage) of the rest, residue, and remainder of my estate, both real and personal, to be used for its general support (or state a specific purpose, fund or program).

Sample Specific Gift Language
I give and devise to Saint Ignatius Loyola Academy, Inc., located in Baltimore, MD, the sum of $XX (or asset) to be used for its general support (or state a specific purpose, fund or program).

Sample Contingent Gift Language
If (insert name of spouse or other beneficiary) is not living at the time of my demise, I give and devise to Saint Ignatius Loyola Academy, Inc., located in Baltimore, MD, the sum of $XX (or all or a percentage of the residue of my estate) to be used for general support (or state a specific purpose, fund or program).

Life Insurance, IRAs or Retirement Accounts

Just as you can name an individual as a beneficiary of your life insurance, IRA or other retirement account, you can also name a charity including the Academy. Please contact your plan administrator or agent for the appropriate paperwork, forms and instructions.

Trusts

When creating a Trust, you can include the Academy as a beneficiary. We recommend you work with your financial or legal advisor in developing your Trust.

What to Include

For any planned gift, please be sure to include the following information:
Saint Ignatius Loyola Academy
300 E. Gittings Street, Baltimore, MD 21230
Tax Id/EIN 52-1819203

Contact: Jennifer Summers, (410) 783-9279

Designating a Planned Gift

Gifts that have the least restrictions are the best for the Academy as it enables us the most flexibility. This is why all undesignated or general purpose legacy gifts are added to the Academy’s general endowment fund. If you wish to designate your gift for a specific purpose or program, you may choose from a number of existing funds or programs. If you wish to create a named fund for a specific purpose, please contact Jennifer Summers so we may understand your wishes and intentions for your legacy gift.

Current Named and Established Funds

Endowed Student Scholarship Funds
The Hobart C. Buppert Fund
Caplan Family Fund
Emmanuel Episcopal Scholarship Fund
Joseph S. Keelty Foundation Scholarship Fund
The Rev. Francis X. Knott, S.J., Friends and Family Scholarship Fund
Carolyn Lyons Scholarship Fund in Memory of John F. Lyons
W. Clinton McSherry Fund
Moag Family Scholarship Fund
Lynn and Bill Roohan Family Scholarship Fund
Nicholas B. TRuitt Memorial Scholarship Fund
The Barbara Lines and C. Rodgers Kines Fund

General Endowment Funds
The 1993 Fund (formerly St. Ignatius Loyola Academy General Fund)
Edward and Elizabeth Bavaria Family Fund
The Christine and J. Dorsey Brown III Fund
Cashman Family Fund
Michael P. Cantaneo Fund in Memory of Michael R. and Anna R. Cantaneo
Cavanaugh Financial Group Charitable Fund
John & Patricia Cochran Fund
H. Grant and Molly Hathaway Family Fund
The Albert C. and Penny Hubbard, Jr. Fund
F. Patrick and Charlton Hughes Family Fund
Hunter Family Fund
Jesuit Communities of Maryland Province Fund
Kunisch Family Fund
John I. and Kathleen Leahy, Jr. Family Fund
Linehan Family Fund
William L. Maas, Sr. Memorial Fund
Peter M. Martin Fund
Maryland Province Society of Jesus Fund
Robert and Andrea Miniutoli Family Fund
Dermot A. Nee Memorial Fund
The Fr. Thomas Patrick Murphy, S.J. Fund
Rev. Clement J. Patrick, S.J. and Dr. Ralph Young, Jr. Memorial Fund
John Harden Price Memorial Fund
Joseph J. Quingert, Jr. Fund
Saint Ignatius Church Parishoners’ Fund
Alexander Schweitzer Memorial Fund
Rev. Francis X. Knott, S.J., Friends and Family Fund
Vernon and Lucy Wright Fund
Jesuit Carroll Fund

Endowed Funds in Support of the Academy’s Graduate Support Program
Joseph J. Keelty Graduate Support Fund
G. Rick O’Shea Memorial Fund

Other Restricted Funds (not included in Endowment)
Family Support Fund - provides emergency support for Academy families
Morris Memorial Fund - provides tuition gap funding for students with a preference to those attending Mount Saint Joseph or Loyola Blakefield High Schools
Strategic Priorities Fund - provides financial assistance to graduates for non-tuition expenses related to education (e.g. books, SAT exam fees, computers, transportation, etc.)