Sacred Heart Receives $500,000 Anonymous DonationIt's a big gift for the Sacred Heart parish. The Sacred Heart church and school announced Monday it has received $500,000 from an anonymous donor.
By: David Schwab, WDAZ
An anonymous donor has given Sacred Heart Church and School $500,000 and the money couldn't have come at a better time. Parish officials say the donation will take care of some immediate needs.
The school received an initial $250,000 to be used for technology upgrades throughout the church and school. A matching grant will make another $250,000 available.
Students filed into the church for a big announcement Monday morning. Bishop Michael Hoeppner and Father Larry Delaney held up checks totaling $500,000 from an anonymous donor.
It's a big gift that came at the right time.
Sacred Heart development director Michelle Kraft says the money will be used in a number of areas including endowments and scholarships.
"Further our catholic ministries, our catholic adult education. Security update in the church and the school, Facilities upgrade," Kraft said.
"It enables us to have students here that might not be able to afford Catholic education otherwise," Father Delaney said.
Sacred Heart officials say the school was operating in the black, but this donation will now give them some operating reserves. It might not be that exciting for students, but there were cheers when it was announced that some of the money will be used for two new buses for the athletic department.
"Kids often complain that there is not enough heat and all that. They just want something that is newer, so we are looking at some new or used busses," Kraft said.
Kraft says another $250,000 is expected to be raised in matching donations this year, giving the school and church a total of $750,000 extra for 2011.