111 W Washington St # 1110, Chicago, IL 60602, USA

©2019 by Julius Capital.

                JULIUS CAPITAL                   

 

Founded in 1993, Julius Capital designs funding solutions that integrate finance (borrowing), traditional fundraising (capital campaigns and annual giving) and balance sheet philanthropy (structured and planned giving). Julius-designed solutions enable nonprofit organizations to fund mission-critical initiatives and launch new ventures.

 

Helping Non-Profits Fund their Priority Projects

   TAILORED FINANCING SOLUTIONS

Do you need to fund a new project or does your organization need to refinance existing debt? With our strategic collaborators, Julius Capital can help you to create your own multi-purpose credit facility while simultaneously utilizing innovative strategies to tap into your donor base. We first listen to understand your objectives and constraints. We then create detailed pro forma financial models to gain up-front insight on project feasibility and steps required to bring your priority projects to the finish line. 

        FOCUSED IMPLEMENTATION

The successful funding of your priority project is our passion. Julius Capital will commit the expertise and resources needed at each stage to keep the funding on track and on time. Using our proven competitive RFP process, Julius-designed solutions engage banks and bond investors committed to financing not-for-profit entities. This process results in the lowest cost of capital and the most flexible terms for our clients. We remain actively involved in negotiating and completing the funding documentation so your priority project can receive the funds needed to become a reality.

Julius Capital's Financing Solution

Our multipurpose, evergreen credit facility and competitive RFP bid process enables our borrower clients to:

  • Combine Bank Debt and Public Bond Debt.  The Julius-designed credit facility enables our clients to maximize total borrowing capacity and substantially lower annual required debt service by combining shorter-term Bank Debt and longer-term Public Bonds (taxable and/or tax-exempt).

  • Establish Bank Draw Capability.  The bank draw component of our credit facility is an ideal solution for new construction projects with inflexible “break ground” schedules or for refinancing existing debt (including scheduled take-outs of future principal maturities).

  • Facilitate Balance Sheet Philanthropy.  Donor-friendly Junior Bonds, designed by Julius Capital, can be placed initially with your Deposit & Loan or Affiliated Foundation and subsequently re-sold to donors (who may agree to donate back principal or interest as part of a future structured giving/estate gift campaign).

  • Receive Credit for Fundraising Cashflow.  Our comprehensive pro forma financial projections incorporate cashflow from your existing pledges receivable and projected future campaign commitments, thereby enabling us to negotiate the most favorable debt service covenants and optional debt pre-payment terms from lenders.

  • Obtain Lowest Cost of Capital.  Our competitive RFP bid process enables us to obtain the lowest blended cost of capital and best terms from Banks and our established network of Bond Investors committed to financing Catholic not-for-profit entities.

Julius Capital's Planned Giving Solution

  • Unlock the Potential of Donors. Fund capital projects and other needs using asset-based giving, blended gifts and deferred legacy giving. 

  • Utilize Legal Expertise. Most nonprofits lack the legal expertise to successfully launch and sustain planned giving campaigns. By having a team of credentialled and experienced lawyers on staff, Julius Capital is able to navigate the complex legalities that are often associated with planned giving.

  • Award Winning Experience. Our team has the planned giving award winning expertise to partner with your development staff and generate gifts that fund current capital projects and financially strengthen your nonprofit to continue its mission for years to come.

 
 

OUR TEAM

Michael  J. Schierl, JD

Founder and President

MJSchierl@JuliusCapital.com

312-726-5125 ext. 100

Michael Schierl is the founder of Julius Capital.  Through his professional and personal pursuits, Mr. Schierl has focused his career on the integration of finance and philanthropy.  Mr. Schierl’s life’s work is to help his nonprofit clients create new “financial ecosystems” that integrate finance (borrowing) and balance sheet philanthropy (structured and planned giving) in order to obtain full-vision funding for their mission-critical initiatives and new business units. 

Mr. Schierl is a recognized leader in the nonprofit financial community for his work developing sophisticated “evergreen” conduit bond financing structures with embedded shelf-offering capabilities that enable his clients to obtain full-vision funding for high-impact initiatives typically viewed as beyond the reach of many nonprofit organizations.  At the heart of most Julius-designed funding solutions is the JC “unified credit facility” which permits the issuance under a single credit facility of (1) private “bank bonds” (Sr. X-Bonds) and (2) public “donor-friendly bonds” (Sr. A-Bonds and Jr. B-Bonds) specially designed for use as “donor inventory” in connection with Julius-designed structured/planned giving campaigns.  The unified credit facility structure allows Borrowers (i) to issue under a single credit facility, taxable debt, tax-exempt debt or a mix of taxable and tax-exempt debt, (ii) to simultaneously shop each of these markets in order to secure the very best blend of rate and terms and (iii) to avoid over-dependence on a single lender (e.g., a single bank or bond buyer), a single market (e.g., the private loan market or public bond market) or one-sided loan papers written by a single lender.   

Julius Capital turn-key funding solutions are designed to be easily replicable among affiliated nonprofit organizations.  The funding solutions combine techniques drawn from Mr. Schierl’s unique experience in several disparate worlds:  (1) bond financing techniques from his experience practicing law in New York with a major international law firm, (2) balance sheet philanthropy techniques utilized by leading Foundations; and (3) business startup experience from Mr. Schierl’s involvement with dozens of for-profit and non-profit startups.

A graduate of Harvard Law School and the University of Notre Dame (1984 Great Books Program), Mr. Schierl is consecrated to Our Lady and a member of the Militia Immaculata.  Mr. Schierl serves on the Advisory Board for the University of Notre Dame Reilly Center for Science, Technology and Values.  He resides in LaGrange Park, IL with his wife Valerie and their 5 children.

Howard Lanser

HLanser@JuliusCapital.com

312-726-5125 ext. 107

Howard Lanser heads up the JC school funding practice area, with an emphasis on Catholic and Charter School funding projects.  Howard meets with our clients to understand their funding needs and helps create innovative solutions to solve their funding gap.  Howard has over 20 years of experience originating and executing financing and M&A advisory assignments, most recently as a Managing Director and Co-head of Robert W. Baird & Co.’s Debt Advisory group in Chicago. His clients have come from a diverse range of industry sectors including industrial, consumer, business services, and healthcare services, ranging from public multinational corporations to private, growth-oriented middle market firms.

Prior to Baird, Howard was an Associate in the investment banking departments of Credit Suisse, First Boston and Merrill Lynch and a Financial Analyst at Morgan Stanley. 

Howard received an M.B.A. with honors from The University of Chicago Booth School of Business.  He also graduated Phi Beta Kappa and summa cum laude from the University of Notre Dame where he received a B.A. in history and German. In addition, Howard is an adjunct professor of finance at the University of Notre Dame Mendoza College of Business. Howard is a father of four, with his oldest sons attending Notre Dame. He and his wife, Sara, live in Winnetka, Illinois with their two younger children.

Mark Henry

Director of Planned Giving

MHenry@JuliusCapital.com

312-726-5125 ext. 109

Mark Henry heads up the JC planned giving practice area. Mark has over 25 years of experience in planned giving.  Mark is well known in the philanthropic community and is the author of a number of books on philanthropy, including Finish Faithful, How To Create A Lasting Christian Legacy For Your Family, and co-author of various church stewardship manuals and publications.  Mark has given over 200 talks on Christian values-based philanthropy at national conferences, colleges, churches and other venues. He has also appeared on numerous national and regional Catholic television and radio programs as a guest speaker on various stewardship-based topics. Mark assists JC clients in the development, staffing and implementation of successful planned giving programs and campaigns. Mark has developed and implemented successful planned giving solutions for dioceses, foundations, universities, religious orders and Christian ministries.  During 2018, Mark developed and personally executed a planned giving campaign for the Diocese of Tyler which generated over $13,000,000 in planned gifts in the 1st year of the program’s existence.  This planned giving program was awarded the national Planned Giving Award for Excellence by the International Catholic Stewardship Council.

 

Mark is a graduate of Seattle University Law School and San Jose State University.  In addition to being an attorney, he is also a CPA and served as a management consultant for international accounting firms.  Mark is married, father to 5 children, active in the Catholic community and resides in East Texas.

Andrew Seaton

Financial Analyst

ASeaton@JuliusCapital.com

312-726-5125 ext. 106

Andrew Seaton is a financial analyst for Julius Capital.  Andrew develops and maintains pro forma financial models which project future cashflows and financial covenant calculations for Julius Capital engagements. Andrew also prepares RFP funding packages used to obtain funding commitments in competitive bid scenarios.  His skillset allows for customer-friendly and easy to use financial models for sometimes complex Julius-designed funding solutions. In addition to financial modeling, Andrew assists in marketing efforts and day-to-day operations within the Julius Capital offices.

 

Before joining Julius Capital, Andrew was an analyst for the Federal Reserve Bank of Kansas City, where he helped run the financial operations in the IT department.  He earned a finance degree from Benedictine College. Andrew is a native of New Mexico and life-long Catholic with six siblings.  Andrew and his wife Kathleen live in the Lakeview neighborhood of Chicago.

STRATEGIC PARTNERS

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Immaculata Law Firm, LLC ("ImmacuLaw") is a Chicago based law firm founded in 2009 that specializes in providing strategic financial solutions, sophisticated legal structures, and specialized transactional advice to its targeted base of institutional, corporate, and religious organization clients. ImmacuLaw serves as Bond Counsel for non-profit borrowers on a national basis and has completed over 75 bond transactions for Catholic dioceses, parishes, schools, housing organizations and other ministries over the last decade. ImmacuLaw is highly experienced in a broad range of areas specifically targeted to its Catholic clients such as real estate matters, asset protection mechanisms, and creative financing solutions. 

 

Julius Capital has worked with ImmacuLaw to provide clients with the sophisticated legal oversight that is necessary for successful institutions without the need for each institution to engage their own legal council.

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Coughlin & Company, a third generation, family owned investment banking firm founded in 1932, arranges more Catholic bond financings than any other investment banking firm in the nation. Coughlin’s client base includes Catholic dioceses, religious orders, health care providers, affordable housing providers and other charitable organizations. Operating under the tagline, “Catholics Helping Catholics” Coughlin provides Catholic borrowers with long term, fixed rate taxable bond financing with terms that are vastly superior to typical secured bank financing. Coughlin also has a large tax-exempt bond practice, especially for Catholic schools.

 

Julius Capital has worked with Coughlin in order to create several innovative taxable and tax-exempt bond financing structures which dramatically enhance the ability of Catholic Organizations to fund their ministries using creative bond financing techniques. Coughlin & Co. acts as placement agent in connection with any securities offerings associated with Julius-designed solutions.

 

CONTACT AND LOCATION

Contact us:                                      Email: MJSchierl@JuliusCapital.com                              Phone: (312) 726-5125 ext. 100

Julius Capital is not registered as a securities broker-dealer or an investment advisor with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority.  All offerings of securities are made through an SEC-registered broker-dealer and FINRA member firm.