Salesianum School Gets $10 Million Donation - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Salesianum School Gets $10 Million Donation

Posted: Updated:

WILMINGTON, Del. (AP/WBOC) - Salesianum School has received a $10 million donation to its endowment.

The school announced the donation from developer Anthony Fusco Sr. in an advertisement in the newspaper. The ad says the donation means that the school will "remain open to all who wish to learn."

President Brendan Kennealey says it is the largest donation in the history of the all-boys Catholic school founded in Wilmington in 1903. He says annual tuition at the school is $13,200 and about 30 percent of its 974 students receive financial assistance. The interest on the endowment funds financial aid, which Kennealey says is central to the success of the school's new institutional plan.

Fusco has also given money to Padua Academy and Ursuline Academy, two Catholic all-girls schools.

Salesianum School: https://www.salesianum.org/

  • Most Popular StoriesMost Popular StoriesMore>>

  • Teen Hospitalized After OC Hotel Fall

    Teen Hospitalized After OC Hotel Fall

    Thursday, May 25 2017 9:48 PM EDT2017-05-26 01:48:06 GMT
    Friday, May 26 2017 7:22 AM EDT2017-05-26 11:22:21 GMT

    Ocean City police say a 17-year-old boy was hospitalized after falling from an unknown height at a hotel in Ocean City on Thursday afternoon.

    More

    Ocean City police say a 17-year-old boy was hospitalized after falling from an unknown height at a hotel in Ocean City on Thursday afternoon.

    More
  • Cruisin' Leaves its Mark on Ocean City

    Cruisin' Leaves its Mark on Ocean City

    Wednesday, May 24 2017 6:38 PM EDT2017-05-24 22:38:22 GMT
    Thursday, May 25 2017 7:41 AM EDT2017-05-25 11:41:49 GMT

     Cruisin' leaves it's mark on Ocean City. 

    More

    Last weekend's Cruisin' Ocean City event left its mark, in more ways than one. 

    More
  • Maryland State Police Make Large-Scale Drug Bust Spanning 5 Counties, Including Del

    Maryland State Police Make Large-Scale Drug Bust Spanning 5 Counties, Including Del

    Friday, May 26 2017 8:38 AM EDT2017-05-26 12:38:42 GMT
    Friday, May 26 2017 8:46 AM EDT2017-05-26 12:46:05 GMT

    Maryland State Police and several other law enforcement agencies arrested 18 people in four Maryland counties and one Delaware county, connected to a large scale distribution of opioids, in which police say an estimated $130,000 worth of drugs were recovered along with $98,000 in cash.

    More

    Maryland State Police and several allied law enforcement agencies arrested 18 people in four Maryland counties and one Delaware county, connected to a large-scale distribution of opioids, in which police say an estimated $130,000 worth of drugs were recovered along with $98,000 in cash.

    More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices