FOR IMMEDIATE RELEASE
Loyola University Chicago Celebrates
2019 Founders’ Dinner
Loyola Celebrates the Fifth Anniversary of Arrupe College,
an Innovative and Successful Two-year
Associate’s Degree Program
CHICAGO, September 3, 2019—Loyola University Chicago will celebrate its annual Founders’ Dinner on Monday, September 16, at the Chicago Board of Trade Building, 141 West Jackson Boulevard. This year’s gala celebrates Arrupe College, Loyola’s innovative and successful two-year college that provides a rigorous liberal arts education to motivated students with limited financial resources and an interest in attending a four-year institution.
September marks the fifth anniversary for the college, and the event celebrates the impact that early investors have made to help provide a pathway for historically underrepresented students to access higher education through Arrupe. While only 13 percent of community college students nationally earn an associate’s degree in two years, over three times as many Arrupe students have graduated in that time frame. From there, nearly 90 percent of on-time Arrupe graduates have matriculated to a four-year program and 49 percent of these students earned their bachelor’s degrees in four years, compared to 27 percent nationally in six years. Over 80 percent will graduate in five years.
“At Founders’ Dinner, we’re thrilled to honor Arrupe’s early investors and extend this philanthropic opportunity to others,” said Father Steve Katsouros, S.J., founding dean and executive director of Arrupe College. “On the trading floor of the iconic Board of Trade building, the event will serve as an IPO that will invite attendees to invest in the promise and potential of Arrupe students, ultimately fostering a pipeline for a diverse workforce for Chicago.”
Three longstanding Arrupe supporters will be celebrated at the event. John (BBA ’68) and Kathy Schreiber will receive the Heart of Loyola award, which honors an alumnus or alumna for an extraordinary commitment to Jesuit education. The Schreibers have a history of significant philanthropic support for Loyola. They have given generous gifts to support the Quinlan School of Business as well as scholarships for students and graduates of Arrupe College. John Schreiber credits his Loyola education for preparing him to lead a long and successful career in real estate investment management.
The Spirit of Arrupe award, presented to champions of innovation in education who advocate for students and embody the entrepreneurial spirit of Arrupe College, will be given to Lidia Bastianich and Mark Shriver. Bastianich is an Emmy Award-winning public television host, best-selling author, successful restaurateur, and founding Arrupe College board member. She has leveraged her status as a celebrity chef to host events in New York and Chicago to benefit Arrupe College.
Shriver is the chief executive officer and senior vice president of U.S. Programs and Advocacy for Save the Children Action Network, and he is a founding Arrupe College board member. He passionately supports Jesuit education and has used his national network to recruit support for Arrupe College.
“We are fortunate to have exemplary founding supporters of Arrupe,” said Jo Ann Rooney, president of Loyola University Chicago. “I am looking forward to celebrating them and the achievements they make possible on this special evening. Their philanthropic support for Arrupe College means that remarkable students, most of whom are first-generation, can reach their fullest potential and achieve dreams they may have thought were out of reach.”
For more information, visit LUC.edu/founders.