$10 Million Bequest To Fund Loyola New Orleans Undergraduate, Law School Scholarships
NEW ORLEANS (AP) — A $10 million legacy gift from a longtime former staff member of Loyola University of New Orleans will be used for scholarships for undergraduates and law students.
Loyola on Monday announced the bequest from Maedell Hoover Braud, who died earlier this year. Braud worked for Loyola from 1948 until 1980 as administrative assistant to the dean of Arts and Sciences. Her gift will establish the Murphy-Braud Scholarship Endowment Funds — named for her late husband's family.
One $5 million fund will provide undergraduate scholarships; another will aid law students at the private Jesuit-run university.
Maedell Braud's husband, Sidney Francis Braud, graduated from Jesuit High School in New Orleans and received undergraduate and law degrees from Loyola.
Loyola University New Orleans will remember Maedell Braud with a special recognition at the university’s annual 1912 Society Dinner, which runs from 6 to 9:30 p.m. on Thursday, Dec. 7 at the Roosevelt New Orleans Hotel. This will be the first 1912 Society Dinner ever without Maedell. All members of the community are invited to attend and may purchase tickets here.