Charity

How $4.7 Million Donation Supports Catholic Schools in New York

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The John and Daria Barry Foundation has announced a significant commitment of $4.7 million to support Catholic education in the Archdiocese of New York. This generous gift to the Inner-City Scholarship Fund will be allocated into two key areas: $1.8 million for scholarships and tuition assistance to students, and $2.9 million for essential capital improvements across eight Catholic schools.

For further information, read more details here

Since 2018, the Barry Foundation has demonstrated its steadfast support for Catholic education, awarding Inner-City a total of $22 million. This includes $10 million in scholarships and $12 million in capital and technology projects. John Barry, chairman and CEO of Prospect Capital Corporation, is the driving force behind this philanthropic effort

Daria Barry emphasized the importance of Catholic schools, saying, “The Archdiocese of New York’s schools continue to outperform public schools—and at a fraction of the cost per student. While math and reading proficiency rates are declining across the country, especially in underserved communities, Catholic schools remain a bright spot, delivering on their promise of academic excellence.” She further stressed, “Ensuring these schools remain open and accessible to all children, regardless of financial background, is more important than ever”.

This commitment is a testament to the Barry Foundation’s dedication to improving access to quality education and supporting the growth of Catholic schools in the Archdiocese of New York

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