Applications Invited for the Loyola Foundation Grant

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About the Organization

In the course of his profession, Mr. McCarthy, Jr. traveled extensively and witnessed firsthand the social and evangelical work of the Catholic Church overseas. Responding to a compliment once paid him in recognition of his business success, he casually replied: “I just sit around and dream.” One of these dreams was to give back a portion of the blessings God had bestowed on him, as well as provide future generations of his family the opportunity to become educated and responsible Catholic philanthropists.

The Foundation’s present day Board of Trustees is comprised of the founder’s descendants, distinguished clergy, prominent business leaders, and noted attorneys. To date, The Loyola Foundation has awarded more than $50 million in small grants benefiting some 6,000 projects around the world.

About the Grant

The Loyola Foundation assists overseas Catholic mission projects, primarily in less developed countries.

Requests must be capital in nature (i.e. construction, equipment, vehicles).

Throughout 2021, the Loyola Foundation approved 99 grants to benefit Catholic activities worldwide. Projects included:

• Installation of solar power plants and water wells.
• Construction of churches, seminaries, convents, meeting halls, schools, and health clinics.
• Purchase of books, computers, medical equipment and vehicles.

Grant Size

Generally, the Loyola Foundation accepts requests up to $20,000.

Eligibility

• Is your project part of an overseas Catholic mission activity?
• Is it a capital project (construction, equipment or a vehicle)?
• Can your project be finished for $20,000 (or less)?
• Can you obtain written approval for your project from the local Diocesan ordinary?

How to Apply

• For a construction or renovation project, a blueprint and professional cost estimate, prepared by a local contractor, as well as pro forma invoices for required materials and photographs of the project in its current state, as applicable.
• For the purchase of equipment or a vehicle, a pro forma statement quoting the cost of the vehicle or equipment, prepared by a local dealership.
• The written approval of the local diocesan ordinary, with his raised imprint seal affixed. This letter must specify that the ordinary has reviewed and approved the specific project.

Deadline: March 31

For more information please check the Link

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