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Jerry and Janie Dauterive

Jerry and Janie Dauterive

Jerry and Janie Dauterive are retired and living in Rhode Island after a lifetime of service in education.

Jerry was most recently the Dean of the School of Business at Roger Williams University. Janie served as an adjunct professor in the School of Education, supervising student teachers. The Dauterives retired in 2020 after moving to Rhode Island in 2008.

But the most formative part of the Dauterives’ lives and careers originated at Loyola.

The Dauterives moved to New Orleans in 1979, when Jerry accepted the position of assistant professor of economics at Loyola. At the time Jerry knew relatively little about Jesuit education, but was initially impressed with the school and with the people he met on campus.

However, he didn’t think of the move to New Orleans as a long-time commitment: “I remember telling Janie (who was a little apprehensive about moving to New Orleans) that I would probably remain at Loyola for three years or so, and then we would move to some place more ‘normal’ to start our family,” said Jerry.

That three-year commitment turned into a twenty-nine-year career at Loyola. Jerry was a faculty member in Economics, became an Associate Dean, and then an acting Dean in the College of Business. Not only did Jerry love Loyola, but the Dauterives enjoyed living in New Orleans, where their daughter was born and raised (she would later receive two degrees from Jesuit institutions—a BBA from Loyola University in Maryland, and an MBA from the University of San Francisco).

Janie, who had earned her Masters of Education degree at Texas Tech University, taught in the Jefferson Parish public school system for nine years, followed by twenty years at Kehoe-France School in Metairie.

She took courses at Loyola to complete her Reading Specialist certification, and in the summer, she audited courses in literature at Loyola. She was especially fond of courses taught by Prof. John Biguenet.

Looking back on a 44-year academic career, Jerry says he most fondly remembers his time at Loyola:

“I immediately felt very comfortable on Loyola’s campus, due in large part to the gracious reception I received from our local students. As someone new to campus and new to New Orleans, I recall many conversations in my office with local students, who shared with me their stories of growing up in the Irish Channel, Lakeview, or Metairie, of attending McDonogh 35, St. Aug, Jesuit, or Mount Carmel, of participating in CYO activities, their favorite restaurants, local music, and so on. It was through these conversations that I developed an understanding and appreciation of the special culture of New Orleans—as well as an appreciation for the student-centered, values-based nature of Jesuit education.”

The Jerry and Janie Dauterive Scholarship

In 2023, the Dauterives made a major decision to give back to the community that was so important earlier in their careers by establishing the Jerry and Janie Dauterive Scholarship at Loyola.

An endowed fund, the scholarship was created by the Dauterives donating a life insurance policy to Loyola. Because the life insurance policy carried an existing cash value, the donation was the best way to immediately make an impact on Loyola students.

The corpus formed from the cash value of the policy will exist in perpetuity, with interest drawn down yearly to be awarded as the scholarship to several students. This will not only allow the Dauterives to see their impact immediately during their lifetimes, but the scholarship will live on in their memory forever and ensure that future generations receive the benefits of a Loyola Jesuit education.

The awarding of the scholarship also ties directly back to the type of students that made Jerry feel so welcome on campus when he originally came to Loyola. The scholarship is designated to benefit students who come to Loyola from the greater New Orleans area, and who have a financial need.

New Orleans-area students made the biggest mark on Dr. Dauterive by providing not only a welcoming presence but important advice about living and working in New Orleans, and New Orleans culture. The scholarship ensures that local students will continue to thrive at Loyola now and into the future.

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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

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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.

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

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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.

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