Philanthropic gifts are essential financial support for the distinctive programs of John Carroll University. The University welcomes charitable gifts from alumni, parents, friends, corporations, and foundations to enhance the quality of academic programs and enrich the learning environment.
Unrestricted and Restricted Gifts
The education of each student is significantly subsidized, even those paying full tuition. The University provides over $45 million annually in institutional grant and scholarship assistance. Because tuition does not cover the full costs of the John Carroll learning experience, the University relies on the generosity of benefactors.
Gifts to the Carroll Fund are unrestricted and allow University leaders to apply resources where they are needed most. These gifts keep the University responsive to new opportunities and are applied to a wide range of services that contribute to a more effective learning environment, including career counseling, academic programs, technology, health care, and student life.
Restricted gifts are designated by the donor for specific areas such as an academic program, scholarships, student services, spiritual life program, building improvements, or other defined interest. Usually restricted gifts are spent on a specific project as they are received.
Gifts can be made to establish an endowment. The endowment funds are invested, and a portion of the interest is used to support scholarships, programs, faculty work, or a specific area designated by the donor. These gifts are in perpetuity. More information is available from the University Advancement Office.
John Carroll University benefits greatly from benefactors who remember the University in their estate plans, trusts, and wills. Bequests can be made by including the following statement in a new will or in a simple amendment to an existing will.
I hereby, give, devise and bequeath to John Carroll University, a not-for-profit corporation located in University Heights, Cuyahoga County, Ohio, the sum of _____ dollars ($_____), or (_____ shares of _____), or (_____% of my estate), or (________% of the remainder of my estate) to be used for its general purposes or to be used for the following purpose _____ (examples: scholarship, academic program, or other stated purpose).
It is strongly recommended that wills be drafted with legal advice and reviewed by an attorney. The University Advancement Office can provide more details on gift opportunities.
The following section highlights various endowed funds that make up the University endowment. The endowed funds are listed in three main areas—faculty support, programs, and student scholarships.
Arthur Vining Davis Faculty Development Fund
Boler School of Business-Mulwick Scholars
GAR Foundation Logistics Faculty Development Endowment
Honors Chair in American Values
Gerard Manley Hopkins Professorship in British Literature
Humanities Faculty Development
Humanities Faculty Salary Endowment Fund
John and Mary Breen Chair for Catholic Systematic Theology
John J. Kahl, Sr., Chair in Entrepreneurship
Lucrezia Culicchia Excellence in Teaching Award
Mellen Chair in Finance
Curtis W. Miles Faculty Award for Community Service
Rev. Edmund F. Miller, S.J., Chair in Classics
Bediüzzaman Said Nursi and
M. Fethullah Gulen Endowed Chair in Islamic Studies
Presidential Endowment for Faculty Development
Don Shula Chair in Philosophy
Standard Products – Dr. James S. Reid Chair in Management
Lillian T. Thomey Fund for Faculty
Visiting Jesuit Professorship
Wasmer Chair in American Values