Bishop Timon-St. Jude High School has received a $500,000 donation, the largest in the 63-year history of the school.
The commitment to the school in South Buffalo is from a benefactor who asked to remain anonymous, school officials announced Thursday.
"This gift will provide us with the resources to maintain financial stability while striving to achieve our long-term strategic objectives, which include enhancing our programs and services for our students," said Thomas J. Sullivan, principal and chief executive officer at the high school.
The donor is a local businessman, who didn't attend Timon but has had contact with the all-boys Catholic school on McKinley Parkway and is supportive of its mission, said Kevin P. McLaughlin, director of Timon's office of advancement.
"He looks at it as an investment in young men's lives," McLaughlin said. "The board of trustees is still trying to figure out how to maximize the gift. But certainly there's a need for tuition assistance, capital improvements and expanding academic programs."
Timon opened in 1946 and now has 280 students, many of whom come from "economically challenged homes," McLaughlin said.
That's why the benefactor also hopes that the half million dollars will encourage other potential donors to make a commitment to the high school.
"We are especially grateful for this gift since it will provide us with the ability to leverage other leadership commitments to fund future initiatives that we believe will position Timon for generations to come," said James J. Rzad, chairman of Timon's board of trustees.
"We are confident that this gift will fortify our mission of serving current and future students in Buffalo and all of Western New York."