INNER-CITY SCHOLARSHIP FUND RAISES $1.9 MILLION AT
All Proceeds To Benefit New York City’s Underprivileged Youth
New York (December 7, 2017) – Supporters
of Inner-City Scholarship Fund raised $1.9 million at the 41st Annual
Inner-City Scholarship Fund Awards Dinner on Monday,
December 4. Nearly 400 guests attended the event at the Mandarin
Oriental in Manhattan. Funds from the evening will help support
Inner-City in its mission to provide tuition assistance for
underprivileged students attending Catholic schools in the
Archdiocese of New York.
His Eminence, Timothy Michael Cardinal Dolan, Archbishop
of New York celebrated the successful completion of the Kids
Are Our Capital Scholarship Endowment Campaign.
The campaign, which was led by a record-setting gift of $40
million from Christine and Stephen A. Schwarzman in September
2015 along with a $40 million commitment from the Archdiocese
itself, culminated in a generous donation from The Morris and
Alma Schapiro Fund in the amount of $3 million, dedicated toward
scholarship support for archdiocesan students.
Cardinal Dolan also presented the 2017 James
B. Lee, Jr. LifeLink Award to David
M. Rubenstein, Co-Founder and Co-CEO, The Carlyle Group. CBS
Sunday Morning’s correspondent Mo
Rocca served as the Master of Ceremonies and joined
Inner-City Scholarship Fund Trustees in serenading Cardinal
Stand By Me.
“I’m beyond grateful for the supporters in the
room who have affected the lives of countless students through
their commitment and support of Catholic Schools,” said Susan
Director of Inner-City Scholarship Fund. The
evening concluded with a performance from Rebirth Brass Brand.
About Inner-City Scholarship Fund
Inner-City Scholarship Fund was founded in 1971 by the late
Terence Cardinal Cooke and a group of prominent executives of
many religious beliefs. Inner-City provides tuition assistance
to nearly 8,000 students (93% minority and 33% non-Catholic). An
astonishing 98% percent of seniors attending inner-city Catholic
high schools graduate, and 95% pursue college at some of the
finest universities in the nation.