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Why We Give

Generations of Giving Back: A Loyola Legacy

George Kunz smilingLoyola has been part of the Malloy family's DNA for nearly a century. Tom Malloy '57 shared that it all harkens back to his uncle, William P. Malloy '27, whose love for the school was passed down from generation to generation.
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Football Pro George Kunz Creates a Legacy and Loyola

George Kunz smilingFormer NFL All-American, All-Pro George Kunz '65 warmly recalls his first day at Loyola High. "I transferred into Loyola as a junior; I was already 6-4 and weighed 199 pounds."
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The Komenkul Brothers Express Gratitude to Loyola Through Gifts of Life Insurance

John Kevin and Ben smilingWhen you meet the three Komenkul brothers, Ben '94, John '97 and Kevin '02, you are immediately struck by their warm, engaging personalities. The closeness and respect they feel for each other is palpable. Ben, who takes a leadership role as the eldest brother, is considered the most social and civic-minded. John, the middle child, is the keeper of family memories and traditions.
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Dorothy Simondi's Final Act of Love for Her Family Creates a Scholarship Legacy at Loyola

Edward and Dorothy smilingEdward and Dorothy Simondi were a first-generation, Depression-era Los Angeles couple who understood the importance of hard work and the value of a strong education. They met on a blind date arranged by Ed's sister, Mary, who worked with Dorothy.
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Former Loyola Football Player Creates a Legacy for His Team

Michael on ranchTrue to his family's pioneering legacy, Michael Leahy '48 had an adventurer's spirit. Whether it was running with the bulls in Pamplona, enjoying deep-sea fishing, attending Cordon Bleu or participating in the Baja 1000, Mike simply loved life and its many joys.
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The Rose Family Remembers Loyola in Their Estate Plan

Rose familyTony and Christine Rose are loving and committed parents who appreciate being a part of the Loyola community. "When my son, Jonathan '05, was born, I told my wife that there was only one high school for our son, and that was Loyola." How did Tony come by his high estimation of Loyola High?
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Ice Skating Champion, Richard Dwyer '53, Remembers Loyola High in His Estate Plan

Richard Dwyer smilingAt 80, the lean, athletic Richard Dwyer '53 still skates every day at Pickwick Ice Arena in Burbank. During his 50-year career as an ice skating champion and star of Ice Follies and Ice Capades, Richard has retained many of the qualities we associate with a Loyola Cub: humor, intelligence, generosity and faith in God.
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"The Voice of the Cubs" Remembers Loyola With a Bequest

John Malloy and familyFor more than thirty years, John Malloy '61 has been known as "The Voice of the Cubs." As the official announcer at the Loyola football games since 1984, John Malloy is a beloved and integral member of the Loyola community. Recently, we were thrilled when John "announced" his determination to remember Loyola High in his trust with a bequest.
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Jeanette and Guy Wilson '48

Guy and Jeanette smilingAfter attending his 60th reunion at Loyola in April 2008, Guy Wilson '48 was so impressed by the progress he witnessed on the Loyola campus that he decided to make Loyola High one of the beneficiaries of his IRA.
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Having Your Cake and Eating It, Too

George and Julie smilingGeorge Loegering '54 and his wife, Julie, found the charitable gift annuity a great way to benefit Loyola and provide themselves with income.
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eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to Loyola High School a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I hereby give to Loyola High School of Los Angeles, a California religious corporation:

• The sum of ______dollars.
• ______percent of the residue of my estate
• The following property_________.

Please also state whether the gift is unrestricted or for a specific purpose.

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Loyola or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Loyola as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Loyola as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Loyola where you agree to make a gift to Loyola and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.