Loyola University Chicago

Loyola University Chicago

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Maeve Kiley
Director of Communication

Anonymous Donor Gifts $5 Million to Loyola’s Quinlan School of Business
Gift to Fund New Raymond C. Baumhart, S.J.,
Center for Social Enterprise and Responsibility

CHICAGO, December 5, 2012 – During this season of giving, Loyola’s Quinlan School of Business has much for which to be grateful. Thanks to a $5 million gift from an anonymous donor, the school is launching the Raymond C. Baumhart, S.J., Center for Social Enterprise and Responsibility.

The Baumhart Center builds on Quinlan’s longstanding legacy in ethics, marrying its Jesuit mission of being “people for others” with the business ethos of acting from self-interest. The center will facilitate debates about the moral foundations and practical merits of the free enterprise system while helping organizations assess the efficacy (ROI) of their community outreach efforts. The center will also provide opportunities for students to engage in research, consulting, and internships, and it will partner with other Loyola centers and departments, including the Family Business Center, Center for International Business, and Center for Risk Management.

The announcement comes just a month after the school launched another center, focused on supply and value chain management—a distinguishing mark for Quinlan.

“This has been an unprecedented year of growth for our school,” said Kathleen A. Getz, dean of the Quinlan School of Business. “Building on the $40 million endowment we received this summer from Michael R. Quinlan, we are positioned to pursue new opportunities while enhancing our current strengths. The Baumhart Center will further promote our belief that business can be a force for good.”

About Loyola University Chicago
Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, with nearly 16,000 students. Almost 10,000 undergraduates hailing from all 50 states and 82 countries call Loyola home. The University has four campuses: three in the greater Chicago area and one in Rome, Italy, as well as course locations in Beijing, China; Saigon-Ho Chi Minh City, Vietnam; Vernon Hills, Illinois (Cuneo Mansion and Gardens); and a Retreat and Ecology Campus in Woodstock, Illinois. The University features 10 schools and colleges, including the Quinlan School of Business, Marcella Niehoff School of Nursing, Stritch School of Medicine, College of Arts and Sciences, School of Communication, School of Continuing and Professional Studies, School of Education, School of Law, School of Social Work, and Graduate School. Consistently ranked a top national university by U.S.News & World Report, Loyola is also among a select group of universities recognized for community service and engagement by prestigious national organizations like the Carnegie Foundation and the Corporation for National and Community Service. To learn more about Loyola, visit LUC.edu, “like” us at Facebook.com/LoyolaChicago, or follow us on Twitter via @LoyolaChicago. To learn more about the Quinlan School of Business, visit LUC.edu/Quinlan, “like” us at Facebook.com/LoyolaQuinlan, or follow us on Twitter via @LoyolaQuinlan.

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