The Sobrato Scholars Endowment Fund marks the largest donation in USF history, funding four-year scholarships for undergraduate students at Cristo Rey High Schools in the Bay Area.
SAN FRANCISCO, January 28, 2022 /PRNewswire-PRWeb/ — Three generations of the Sobrato family have committed $17 million to the University of San Francisco (USF) for the Sobrato Scholars program, marking the largest donation in USF history. The Sobrato Scholars donation will fund four-year scholarships for undergraduate students from Christo Rey Bay Area high schools.
“This donation, which follows the great generosity of the Sobrato family who made possible the expansion and renovation of the Sobrato Events Center, will open the doors for hundreds of students to access a life-changing education, so that ‘they can go out and change the world for the better,’ USF president said Paul J. FitzgeraldSJ “We are overwhelmed with the love and support from these dear friends at USF.”
The Sobrato Scholars donation will fund four-year scholarships for students from Christo Rey Bay Area high schools including Cristo Rey Jesuit High School San Jose, ICA Cristo Rey Academy in San Franciscoand/or Cristo Rey De La Salle East Bay High School at Oakland. If there are no applicants from these schools, the funds will be awarded to first-generation Bay Area students. The scholarship will be awarded to first-year undergraduate students and is renewable each year until their undergraduate degree is obtained.
“Many Cristo Rey graduates are the first in their families to graduate from high school and most are first-generation students,” the Reverend said. Pierre Pabst, SJ, Chancellor of Cristo Rey San Jose Jesuit High School. “Focusing on the gift of a Jesuit education that supports these students is a wise investment, as it highlights young people who have received a strong college-preparatory education and who have an enviable resume from the places where they have worked, learning many life skills.”
This new scholarship reinforces USF’s legacy of Jesuit educational values and the university’s dedication to recruiting students from local schools who share those values. the $17 million will go into the USF endowment and will be restricted for the Sobrato Scholars program. This endowment will generate revenue in perpetuity to pay for scholarships, helping to break down barriers to higher education for prospective USF students for years to come.
“We have long argued that education is the gateway to opportunity,” said John A. Sobrato. “We hope this donation will make a great education accessible to more talented young people ready to contribute to society in their own unique and meaningful way.”
In 2015, John A. and Susan Sobrato funded an upgrade to what was then known as the War Memorial Gym. Now called Sobrato Center, the new state-of-the-art athletic center welcomes athletes and fans to support current and future Dons. The Sobrato family also contributed to the new Lone Mountain East residence hall, which houses sophomores. The combined total of Sobrato family donations to USF is $32 millionmaking them the largest donors in the history of the university.
The donation from the Sobrato Scholars Endowment Fund was made as part of “Changing the World from Here: Campaign for University of San Francisco‘, USF’s largest campaign to date, with the goal of increasing $300 million through May 31, 2022. The campaign supports three priorities: scholarships and financial aid, new programs, and the expansion and revitalization of campus facilities. Incoming students interested in the scholarship are encouraged to contact the USF Financial Aid Office.
About University of San Francisco
the University of San Francisco is a private Jesuit Catholic university that reflects the diversity, optimism, and opportunity of the city that surrounds it. USF offers more than 230 undergraduate, graduate, professional, and certificate programs in the arts and sciences, business, law, education, nursing, and health. At USF, every course is an intimate learning community in which top faculty encourage students to turn learning into positive action, so students graduate equipped to do well in the world – and inspired for the future. change for the better. For more information, visit usfca.edu.
About “Changing the World from Here: Campaign for the University of San Francisco‘
Current USF Campaign Increases $300 million through May 31, 2022 to support scholarships and financial aid, the creation of bold and innovative programs, the renovation of current facilities and the construction of new spaces, all as part of the expansion of the global influence of the university. For more information, visit the USF campaign page.
Kellie Samson, University of San Francisco(415) 601-1915, [email protected]
THE SOURCE University of San Francisco