Scarpo Family Makes Substantial Gift to Ascending

Academy of the Holy Names President Art Raimo announced at the Black and White By the Bay auction that Academy parents Barbara and Anthony Scarpo have contributed $1.35 million to the Academy Ascending campaign. Anthony Scarpo is the owner of Anthony Louis Ltd., a diamond import company, and, along with Barbara, is a managing partner of First Trust Funding Group LLC.

The Scarpo’s gift will go towards both the Academy’s facilities master plan and its endowment. The theatre in the Bailey Family Center for the Arts will be named the Scarpo Family Theatre in honor of their daughters Olivia, an eighth-grader, and Sophia, a fifth-grader at the school. The Scarpos felt inspired to give to the school after seeing the education it has offered their daughters.

“It was an easy decision for our family to support the Academy of the Holy Names after witnessing the transformation of Olivia and Sophia into young women with a deep foundation of faith and love. As parents, we believe the greatest gift that we pass on to our children is the example of selfless love and giving. By opening our hearts to God, we have heard his call to give without hesitation to our cherished Academy of the Holy Names,” Barbara Scarpo said.

In addition to the Scarpo’s gift, the Academy has also received a $1 million gift towards the Academy Ascending campaign from the Bailey Family Foundation and Melanie and Richard Gonzmart, as well as $500,000 each from the Yodzis family, Kathy and Ray Hyer, and Ruth and Fred Lynch. The school will open the 40,000-square-foot, $11 million Bailey Family Center for the Arts next month, featuring a 350-seat theatre and a state-of-the-art teaching and learning environment. This summer, the school will begin transforming its academic spaces with the addition of a dedicated middle school building, designed with 21st century learning spaces, flexible furnishings, and abundant technology.

More News

Powered by Finalsite