Billionaire donates $74 million to St. Joe's Prep in Philadelphia, largest-ever donation to a Catholic school [CBS News]
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Source: CBS News
The $74 million gift comes from billionaire businessman Nick Howley , a member of the school's class of 1970, along with his wife Lorie and the Howley Foundation. School leaders say it is the largest gift to a Catholic high school in U.S. history. St. Joe's Prep announced the gift on Friday at the school's Kelly Fieldhouse. The money will fund 80 four-year scholarships (20 for each grade) and pay for an outdoor courtyard, a new parking facility and a multi-sport complex for football, soccer and lacrosse. Renderings of the upgraded campus were shown on a screen at the announcement event. One rendering included the words "W. Joseph Howley '70 campus." The Howleys had previously donated $6 million to "The Prep," and Friday's announced contribution brings their total gifts to the school to $80 million. "The Howley Foundation saw the impact that it was having, and really continued their investment in increasing their scholarships," President John Marinacci said. "They also felt st
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