Gift will make a major impact at all-girls college preparatory high school by helping eliminate debt
Raleigh, N.C., March 30, 2021 – Saint Mary’s School is pleased to announce the receipt of a $1 million challenge gift made by an anonymous donor as a way to inspire others to support the all-girls college preparatory high school and help eliminate debt incurred from past strategic growth initiatives.
"We are thrilled and humbled by this generous challenge gift to Saint Mary's School," says Frank B. Holding, Jr. and Ruth E. Perry Holding '81C, chairs of the school's Saint Mary's Forever campaign. "By making a $1 million challenge during the quiet leadership phase of our campaign, this anonymous donor hopes to inspire others to give. All new gifts and pledges designated for debt reduction and secured by December 31, 2021, will count in this challenge and could mean a total gift of $2 million toward our goal of total debt elimination."