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.