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.

Endowments Gifts

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.

Bequests

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.

Endowments

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.

Faculty Support

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

Endowment Fund

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