Bishop, Contributors Sue For Loretto Funds

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(Sacramento, CA)
Friday, June 12, 2009

They’re trying to get their money back after the nuns closed Loretto High School earlier this month due to low enrollment.

Bishop Jaime Soto and seven contributors say their donations were intended to educate local Catholic students.

But their attorney James Sweeney says the suit alleges the nuns are using money from the school’s sale to fund their retirement in Illinois. 

“We don’t believe that’s consistent with what the donors intended and we believe that a portion of proceeds of the sale attributable at least to the capitol campaign which are specifically designated for education be held back in the Sacramento community for that purpose. Perhaps in the form of scholarships for needy young women, educational grants, whatever.” 

Officials with the nuns’ order…the Institute of the Blessed Virgin Mary…declined our request for comment.

Loretto first opened in the mid-1950s and closed earlier this month.
Aspire Public Schools is taking over the campus on El Camino Avenue.

The Oakland-based non-profit-group will be operating a K-through-8 grade public charter school at the site.