By Patrick Cole
May 23 (Bloomberg) -- Philanthropist and retired hedge-fund manager Robert W. Wilson said he is giving $22.5 million to the Archdiocese of New York to fund a scholarship program for needy inner-city students attending Roman Catholic schools.
Wilson, 80, said in a phone interview today that although he is an atheist, he has no problem donating money to a fund linked to Catholic schools.
"Let's face it, without the Roman Catholic Church, there would be no Western civilization,'' Wilson said. "Shunning religious organizations would be abhorrent. Keep in mind, I'm helping to pay tuition. The money isn't going directly to the schools.''
Wilson's donation is the largest the archdiocese has ever received. The money will be used to fund the Cardinal's Scholarship Program, which was started in 2005 to give disadvantaged students attending the archdiocese's inner-city schools partial or full tuition grants, Jacqueline LoFaro, the archdiocese's associate superintendent of schools, said in a phone interview today.
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http://www.bloomberg.com/apps/news?pid=20601088&sid=aIoCqO3AaMm0&refer=homeA very generous thing for Mr. Wilson to do. It will be good news for a lot of needy inner-city children in NYC. Of course, the children do not have to be Catholic to get scholarships through the Cardinal's Scholarship Program.
Just to add to the good news for NYC kids, an anonymous donor donated 4.5 million on the same day Mr. Wilson's donation was announced.