The archdiocese of Philadelphia is handing the management of its secondary schools over to an independent foundation in a move aimed at improving finances and increasing enrolment levels, the Catholic News website reports today (August 23, 2012).
The first independently-managed Catholic school system in the United States will be run by the Faith in the Future Foundation, created by concerned Catholics in conjunction with the archdiocese last February following an outpouring of support for four high schools targeted for closure.
The foundation's original mission was to strengthen local Catholic secondary schools through fundraising and marketing. Now, it will take over the management of 17 secondary and four special education schools, with a total enrolment of 15,000 students and an annual budget of $158 million.
Catholic parishes will continue to operate 123 elementary schools.