PROVIDENCE — Sophia Academy, a private middle faculty for girls from reduced-cash flow family members, has been given a $2-million gift from an anonymous donor.
This present, the greatest the university has ever received, will form the basis of the school’s 20th anniversary marketing campaign, the school said Monday.
“This reward acknowledges the successes of Sophia Academy’s almost 300 graduates, and underscores that Sophia Academy is important to the pursuit of educational fairness and excellence in Rhode Island. We are certainly grateful not only for the remarkable guidance it will offer, but for the donor’s endorsement and love for our faculty and learners,” claimed Head of University Maura Farrell.
The reward will double the school’s endowment, supplying significant fiscal support to continue on Sophia Academy’s mission.
Invested with The Rhode Island Basis, Sophia Academy’s endowment gives a sizeable annual payout to allow for it to continue being tuition-free.
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The nameless donor hopes that this reward will encourage others to assist Sophia Academy.
“My spouse and I could not consider of a greater position to make investments than Sophia Academy,” the donor mentioned in a assertion offered by the school. “This Providence center faculty transforms the life of youthful females from lower-profits family members.”
Linda Borg handles schooling for the Journal.
This post originally appeared on The Providence Journal: Providence’s Sophia Academy gets $2 million anonymous donation