Virginia layman who headed charitable Loyola Foundation dead at 75

Published: 2007-09-06

ARLINGTON, Va. (CNS) -- Albert Gregory McCarthy III worked as a lawyer, a real estate developer and an adjunct professor at Georgetown University in Washington. But the essence of his 75 years, his family and friends said following his Aug. 28 death, was wrapped up in the Loyola Foundation, a charitable organization that gave away more than $40 million over the past 50 years. McCarthy, who died of pancreatic cancer at his Arlington home, served as secretary and then executive director of the foundation since its founding. The foundation has assisted some 5,000 Catholic missions overseas since then with annual grants ranging from $100 to $100,000. This love of the church and its missions stemmed from her husband's Catholic upbringing and education, said Jane McGinnis McCarthy, his wife of 26 years, in a Sept. 4 interview with the Arlington Catholic Herald, diocesan newspaper. "He was brought up with Jesuits at the dinner table," she said. "That gave him his appreciation for service."

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