The Legacy of Philanthropy: In 1986, a Surprise Bequest Enabled LMU to Achieve a New Vision of Excellence
In 1986, Loyola Marymount University received an unexpected $44 million gift from Beverly Hills oil heiress Liliore Green Rains. Under the stewardship of President James N. Loughran, S.J. and a visionary academic administration committed to faculty and research development, the landmark gift would change the course of the university’s history.