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Loyola nabs $2M gift to create scholarships

(Loyola University Maryland submitted photo)

(Loyola University Maryland submitted photo)

A recently-retired Loyola University Maryland employee has promised $2 million for the school to create scholarships upon her death, the university announced Wednesday.

Mary Hyman spent 26 years as the university’s coordinator of science education programs and the Institute for Child Care Education before retiring last month. The bequest will come from the foundation named for her late husband, Sigmund M. Hyman.

It’s the largest gift from an employee in the history of the 164-year-old institution, according to the university.

Of the $2 million, $1 million will endow a scholarship fund named for Hyman and her husband, which will provide money each year to students majoring in the applied and natural sciences.

Another $200,000 will endow the Sigmund M. and Mary B. Hyman Fellowship Fund, which will provide annual support to a graduate student pursuing an master’s degree in teaching.

Half of the balance of the gift will create additional scholarships to students pursuing degrees in the natural and applied sciences, and the remainder will provide support for summer research projects in these areas, according to the university.

Hyman’s gift brings the total raised during the university’s current fundraising campaign — which has a goal of $100 million — to more than $72 million.

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