Loyola Academy Rowing Association Inc

Overview

The Loyola Academy Rowing Association Inc (LARA) is a non-profit 501(c)(3) organization dedicated to the development and support of rowing among Loyola Academy students. Founded in 1985, LARA provides opportunities for students to engage in the sport of rowing, emphasizing physical, mental, and spiritual development through a challenging yet rewarding program.

Purpose

LARA's primary objective is to foster excellence in rowing while aligning with Jesuit values such as becoming "Women and Men for Others." It aims to lead students toward realizing their athletic potential through participation in significant events like the Midwest Scholastic Rowing Association (MSRA) and Scholastic Rowing Association of America (SRAA) championships.

Governance and Funding

LARA operates independently, relying on crew fees, fundraising, and donations from supporters. The organization is governed by a volunteer Board of Directors, composed of Loyola Academy parents, who oversee daily operations and long-term strategy. As a 501(c)(3) organization, all monetary donations to LARA are tax-deductible, providing crucial financial support for operational needs, equipment purchases, and financial aid for student athletes.

Programs and Activities

• Annual Ergathon: A major fundraising event that has enabled LARA to purchase new equipment and enhance facilities.
• Summer Rowing Camps: Offered for younger students interested in learning rowing techniques and becoming part of the future rowing community.
• Volunteer Involvement: Parents are encouraged to participate in various capacities to maintain the program's success.

Financial Situation

LARA generates most of its revenue from program services, with contributions and fundraising also playing significant roles. Over recent years, the organization has experienced growth in assets and revenue, supporting its ongoing activities and development.

Notable Achievements

Loyola Academy Rowing has achieved notable success in national competitions, including the National Scholastic Championships (SRAA), reflecting its commitment to excellence and the comprehensive development of its students.