This article originally appeared in Yahoo Finance News and highlights our work with The Josephinum. Below is an excerpt. Read full article on Detroit Catholic .
Special Thanks to Yahoo Finance
CHICAGO, July 17, 2025 /PRNewswire/ — Josephinum Academy of the Sacred Heart is announcing a significant milestone in its history. Thanks to the unwavering support of its donor community and a landmark partnership with the Pulte Family Charitable Foundation’s Catholic Initiative, the school has secured its future—not just for the 2025-2026 school year, but for generations to come.
Through this collaboration, the Jo, as generations have referred to the 135-year-old high school, has raised the full $9.4 million needed to acquire the historic campus at 1501 N. Oakley Blvd., which it has leased since 1985. Ownership will now transfer to a dedicated nonprofit stewarded by The Catholic Initiative, ensuring that Josephinum Academy retains exclusive and permanent rights to operate on the campus through a renewable 200-year lease set at just $1 per year. This innovative, Vatican-approved model provides long-term financial and operational stability, allowing Josephinum to focus on what matters most: academic excellence, spiritual formation, and student success.
