Seven-figure sum donated to Wilmington school

December 30, 2017 by  

St. Mark’s High School in Wilmington, recently received a $1.5m donation, according to an article on delawareonline.com.

The money was a gift of Steve and Lisa Hyde; Lisa was a St. Mark’s graduate in 1977, and the Hydes’ daughter, Caitlin, was a 2007 graduate.

Steve helps to operate the Lawrence H. Hyde Jr. Charitable Trust, which his father founded in 1993. The elder Hyde has long supported schools, often in third-world nations.

He spoke to the students, saying he was making the donation so future students could “understand what it means to be a Spartan” – a remark that had the students cheering as the Spartan is the mascot for the school.

He added that the gift comes without strings, meaning the school can use it as it sees fit. Hyde believes the gift will help attract new students to St. Mark’s and help provide them with a quality education.

St. Mark’s relies mainly on donations to keep its doors open. However, the diocese that runs it can only provide approximately $600,000, while the students need about $3.5m. At present, St. Mark’s has approximately 500 students.

News like this is worth sharing for any institution, and everyone will want to know the facts. Officials from schools can work with a newsletter printing company to create a letter sharing such information.

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