HISTORY OF THE LOYOLA FOUNDATION
In 1957, Albert G. McCarthy, Jr., his wife Kathleen and their children, A. G. McCarthy III and Kathleen Denise Hattler, established a private charitable foundation dedicated to the missionary spirit of the Catholic Church.
Since that time, the Loyola Foundation has donated over forty million dollars to approximately five thousand recipients worldwide. These grants have funded purchases of vehicles, equipment, computers and other educational materials. In addition, the Foundation has assisted with the construction of wells, solar power facilities, schools, convents, churches and community halls.By helping Overseas Roman Catholic Missionary Activities, the Foundation endeavors to foster the social and evangelical work of Catholicism outside of the continental United States.
The primary goals of the Loyola Foundation remain international.
In this it differs from most other United States foundations which were established for the primary purpose of assisting American charities.
The Foundation gives priority to requests which are self-sustaining upon completion and which demonstrate self help and local support. For large projects in excess of $50,000, applications are not accepted until at least 75% of the total funds needed have been secured.
The Foundation does not accept requests for operating budgets, scholarships, tuition, endowments, or any sort of continuing subsidies. In addition, no grants are made for emergencies or to individuals.
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Founder of the Loyola Foundation 1906 - 1975
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Kathleen S. McCarthy, Kathleen Denise Hattler and
A.G. McCarthy, III
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