Bally's Foundation proposed an $8.5 million bid to acquire Preston High School's property to prevent its closure. However, the Sisters of the Divine Compassion declined the offer, stating they were looking to sell since 2019 and citing financial difficulties and declining enrollment as reasons for the decision. The all-girls Catholic institution is on track to close at the end of the school year, despite support from local officials and pleas from the community. The rejection has left families and alumni hopeful for an alternative solution as they urge the Sisters to reconsider the decision.
In a bid to protect Preston High School from closing, Bally's philanthropic foundation offered $8.5 million to purchase the property, but the proposal was rejected.
The Sisters of the Divine Compassion, who own the property, decided not to accept the offer, leaving the all-girls school on track for closure at the end of the semester.
Despite support from the community and local political figures, the Sisters cited financial instability and dwindling enrollment as reasons for the school's impending closure.
The community remains hopeful for an alternate solution, urging the Sisters to reconsider their stance on the school's future after rejecting the Bally's offer.
#preston-high-school #ballys-foundation #philanthropy #school-closure #sisters-of-the-divine-compassion
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