News

Loras College Receives $200,000 Estate Pledge

1/14/2014
 
DUBUQUE, Iowa—President Jim Collins (’84) announced today that Loras College has received an irrevocable $200,000 estate pledge from Larry (’64) and Helen Cremer toward the Inspiring Lives and Leadership Campaign goal of $75 million. The generous donation establishes the Larry and Helen Cremer Need-based Scholarship, assisting students to pursue their education at the college.
 
“My loyalties to the college are hinged to the likes of Fr. Schroeder, Dr. Lehner, George Freund, Tom Goodman, Dr. Bamrick, and, of course, Msgr. Friedl among others. Loras was good to me in many ways and to that end Helen and I want to help in whatever small way we can,” said Larry Cremer.
 
The scholarship will be designated by the Loras College Office of Financial Planning and will be available to students who demonstrate significant financial need. The scholarship will be renewable up to four years, as long as the student recipients maintain satisfactory academic progress toward their degree.
 
“Larry and Helen have been consistent benefactors to Loras over the years. As importantly, they have been outspoken advocates of and supporters for Loras. They are staunch believers in our mission and want others to benefit from such a strong educational experience. In particular, they wish that those who typically don’t have access have such an extraordinary opportunity to attend Loras,” said Collins.
 
As a student, Larry Cremer was a class officer and involved in the Delta Sigma Fraternity, intramurals, the KLOR radio station and Purgold. After graduating from Loras College in 1964 with a bachelor’s degree in English, Cremer worked as president of the College and Professional Division of  William C. Brown Publishing Company, the CEO of Medical Associates Health Plans and vice president of Business Development for Dubuque Bank and Trust.
 
Launched on October 10, 2013, the Inspiring Lives and Leadership: The Loras Legacy Campaign is the largest fundraising campaign in the 175-year history of the college.  In addition to raising funds to support student aid and faculty/staff professional development, the campaign seeks funds to build upon the launch of its MBA program and business analytics curricular focus. As of December 31, 2013, the campaign has raised $48.3 million through more than 15,000 donors.
 
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