Roman Catholic High School recently received the largest gift it has ever received in its 135-year history, writes Ryan Mulligan for the Philadelphia Business Journal.
Daniel DiLella, founder and chairman of Equus Capital Partners Ltd. and alumnus of the institution, has gifted the school $10 million.
Roman Catholic plans to use the money towards the construction of a new Science Technology Engineering and Mathematic Center. The money also helps the school reach two-thirds of its $30 million goal to build the new center.
“I want to create the best STEM Center in the region for the young men of Philadelphia,” DiLella said in a statement.
The school’s plans for the new building include 28,000 square feet of new space and 20,000 square feet of renovation in its existing building, which will then be merged.
According to President John Prendergast, the project will be built in phases. The STEM Center will be part of the first phase.
Roman Catholic is seeking to achieve its fundraising goal through further support from philanthropic organizations, businesses, and other individuals.
DiLella is a 1969 graduate of the school and has served on Roman Catholic’s board since it was incepted in 1991.
Read more about Daniel DiLella and the donation donated he gave to his alma mater in the Philadelphia Business Journal.
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