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Loras College Receives $175,000 Estate Pledge

11/19/2013
 
President Jim Collins (’84) announced today that Loras College has received an irrevocable $175,000 estate pledge from Al (’69) and Martha Ruffalo, bringing the institution one step closer to its Loras Legacy Campaign goal of $75 million. The contribution will establish the Al and Martha Ruffalo Entrepreneurship Fund which will support faculty scholarship and student project initiatives.
 
“Al and Martha have been strong supporters of Loras College for many years. Their gift amount perfectly and intentionally coincides with Loras’ 175th anniversary celebration. Further, their generosity to the Inspiring Lives and Leadership Campaign is testament to the deep affection Loras alumni have for their alma mater,” said Collins.
 
“I have had the pleasure to be on hundreds of college campuses during the past twenty years and Loras stands out as one of the best national gems of higher education,” said Al Ruffalo. “It is with a great sense of pride that Martha and I are establishing the Fund. As an alumnus, Loras has always seemed like family to me.”
 
Kicked-off on October 10, the Inspiring Lives and Leadership 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 new MBA program and business analytics curricular focus.
 
“Thanks to these types of significant commitments, the campaign is gaining significant momentum. We have every belief that we will not only meet, but exceed our $75 million goal,” said Collins.
 
Ruffalo received his bachelor’s degree in Accounting from Loras in 1969 and is the Founder and Executive Chairman of RuffaloCODY, the leading provider of technology-enabled fundraising and enrollment management services for higher education and high affinity-based nonprofit organizations.
 
After serving on the Loras Board of Regents from 1998 to 2007, Ruffalo was named Regent Emeritus in 2008. In 2011, he received the Loras Distinguished Alumni Award in recognition of his professional achievements and contributions made to Loras. Al and Martha have generously supported many projects across campus, including the walkway which was named for them and connects the Academic Resource Center and Alumni Campus Center. The Ruffalo’s son, Paul, also graduated from Loras in 2000.
 
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