Faith, Family and Friends

Jane Gisevius Was a Generous and Spirited Catholic

Jane Gisevius with her father

Jane Gisevius with her father, Frederick

Frederick J. Gisevius Jr. was a 1936 Loyola law graduate, a member of the law faculty for 30 years, a former trustee, a St. Ives Award recipient, an Adjutor Hominum honoree and an honorary degree recipient. An endowed scholarship he established promotes excellence in the study of law at Loyola.

A recent bequest of $500,000 to Loyola comes from one of Professor Gisevius' three daughters, Jane Mary Gisevius '65 Education, '68 Law, who passed away on May 29, 2018, at the age of 75 after a very brief illness. Cherished and dearly missed by family, colleagues and friends all over the world, Jane was the irrepressible and irresistible twin sister of Joan Gisevius Johnson and younger sister of Carol Gisevius Waguespack, both of whom have earned multiple degrees at Loyola.

According to Joan, one of Jane's lifelong passions was travel, a love perhaps ignited when she spent her entire junior year as a Loyola undergraduate studying in Rome. While abroad, she stayed in an ancient Olympic dormitory in Athens, rode a camel in Egypt, visited the famous archaeological site of Petra in Jordan and went to Jerusalem.

With her charitable bequest to Loyola, among gifts to other deserving organizations, Jane continues the strong family tradition of philanthropy for Catholic education and for Loyola, her alma mater. A lasting tribute to her father and the Gisevius family, her gift will help shape law students' lives for generations to come.

Find out more about how you can make a charitable gift from your estate by contacting Kevin Maney at 504-861-5442 or kmaney@loyno.edu

eBrochure Request Form

Please provide the following information to view the brochure.

First name is required
Last Name is required
Please include an '@' in the email address

A charitable bequest is one or two sentences in your will or living trust that leave to Loyola University New Orleans a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I, [name], of [city, state, ZIP], give, devise and bequeath to Loyola University New Orleans [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Loyola University New Orleans or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate, or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property, or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Loyola University New Orleans as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Loyola University New Orleans as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Loyola University New Orleans where you agree to make a gift to Loyola University New Orleans and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

First name is required
Last Name is required
Please include an '@' in the email address