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Loyola University Chicago Family Business Center · Requirements

Loyola University Chicago Family Business Center membership requirements

Every criterion Loyola University Chicago Family Business Center publishes, with its source, the date it was verified and how confident we are in it, plus superseded figures, so you can see how the tests have moved.

A farmhouse kitchen table set for a family meeting
Illustration

Read a requirement as the organization's published floor, not as a promise. A revenue test may have alternative versions for different business types, chapters can set stricter local tests, and invitation-only bodies publish criteria that describe members rather than admit them.

Current published criteria

4 rows
CriterionPublished requirementNoteProvenance
Other criterion Membership is open to family-owned and family-operated businesses The Center describes its community as middle-market and multigenerational, but publishes no revenue or generation threshold. Verified September 2026High confidenceSource ↗
Minimum age The Next Generation Leadership Institute is designed for 25 to 50 year-olds set to assume leadership positions in their family business Applies to that programme, not to membership. Enrolment is open to members and non-members. Verified September 2026High confidenceSource ↗
Other criterion Peer group placement separates relatives: family members from the same business are never placed in the same group Verified September 2026High confidenceSource ↗
Geographic restriction Programmes are delivered in person at Loyola's Water Tower Campus in Chicago, which effectively limits membership to the Chicago region The Family Office peer group is mostly virtual; the Stewardship Institute is fully in person. Verified September 2026Medium confidenceSource ↗

How admission works

Application process
Family businesses apply for membership through the Center's membership pages and pay the annual fee, after which members take part in an annual goal-setting meeting with Center staff. Peer group placement is arranged separately by the Center, which matches participants by role and life stage and keeps relatives from the same business apart. The two institutes enrol by cohort and are open to non-members as well; the Next Generation Leadership Institute takes a $1,000 non-refundable deposit to hold a place and runs information sessions before each intake.
Invitation required
No
Sponsor required
No
Selectivity
Not publicly disclosed: no acceptance rate or screening criteria are published, though peer group placement is curated by staff.
Membership term
Annual
Primary audience
Middle-market, multigenerational family businesses and the whole family around them, including family members who do not work in the business, in-laws, and non-family executives
Typical member
The Center describes working with middle-market, multigenerational family businesses and serving "the whole family, both inside and outside the business". Membership is bought by the family business and extends to family members regardless of whether they hold a role in the company; peer groups separately admit non-family CEOs, CHROs, CFOs and female board directors.

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If not: alternatives to Loyola University Chicago Family Business Center (Family Enterprise Center at Kennesaw State University, Family Business Alliance, Family Business Association, Family Business Network (FBN)).

Last verified: 6 September 2026 Report an error on this page

Sources

  1. Family Business Center — Loyola University Chicago Quinlan School of Business, Loyola University Chicago. Accessed 6 September 2026.tier 1
  2. About — Family Business Center, Loyola University Chicago. Accessed 6 September 2026.tier 1
  3. Our Story — Family Business Center, Loyola University Chicago. Accessed 6 September 2026.tier 1
  4. Loyola University Chicago Names Jill McCall as Director of its Family Business Center, Loyola University Chicago, November 2022. Accessed 6 September 2026.tier 1
  5. Why Become a Member? — Family Business Center, Loyola University Chicago. Accessed 6 September 2026.tier 2
  6. Peer Groups — Family Business Center, Loyola University Chicago. Accessed 6 September 2026.tier 2
  7. Next Generation Leadership Institute — Loyola Family Business Center, Loyola University Chicago. Accessed 6 September 2026.tier 2
  8. Stewardship Institute — Loyola Family Business Center, Loyola University Chicago. Accessed 6 September 2026.tier 2

Source tiers follow the published hierarchy: 1 official site · 2 official membership materials · 3 application documents · 4 annual reports · 5 government filings · 6 reliable business publications · 7 credible interviews · 8 other reputable secondary sources. Sources and data policy.