News

The Howley Foundation, led by founders Nick and Lorie Howley and foundation board member Andy Howley, have announced a significant pledge to Drexel Neumann Academy.

This pledge will provide scholarship assistance to 15 students annually and will be awarded to select students in grades 5, 6 and 7 this year, and in grades 6, 7 and 8 beyond. This funding will academy students through their time, and the foundation has committed to financial support for the students through their high school years.

The academy, established in 2007, is a PreK through 8th grade independent Catholic school in Chester. It has a rich history of providing a rigorous education to an underserved community. The school is dedicated to educating the whole child, to foster the moral, spiritual, intellectual, cultural, emotional, social, and physical development of each individual student.

Admittance is offered to any child who resides in Chester and no one is turned away due to an inability to pay.  The academy operates on the belief that education is the cornerstone of a brighter future for its students, and the foundation has a track record of success to prove it.

Academy board Chairman H. Edward Hanway stated, “We are excited for the support of our students by the Howley Foundation, a recognized leader in funding institutions focused on educating under-resourced youth.”

Alice Sylvester, academy president, said “We are thrilled that the Howley Foundation has chosen to partner with DNA to assist our students and families with significant scholarships.”

Nick and Lorie started the Howley Foundation in 2003 to offer access to high-quality education to students who could not get it otherwise due to their financial situation. Since the first days, the foundation has grown steadily to now distribute over $30 million per year to schools, mostly in the Philadelphia and Cleveland areas as well as a few national networks.

“Our Foundation looks at philanthropy a lot like investing,” Nick Howley said. “We seek out great opportunities with institutions that support their students and communities, and then assess the outcomes.”

Howley, a graduate of St. Joseph’s Prep, Drexel University and the Harvard Graduate School of Business, is the chair and founder of TransDigm Group Inc., a N.Y. Stock Exchange-listed company and one of the largest global producers, designers, and suppliers of engineered aerospace components, systems and subsystems with approximately 15,500 employees and 100 worldwide locations.

His business success has enabled him the ability to support a cause near to his and Lorie’s heart: Access to a high-quality education to those who would not otherwise be able to afford it. The Howleys firmly believe that education is one of the most important catalysts to promote positive change in individuals and society as a whole.

For more information on the Howley Foundation: www.howleyfoundation.org. For more information on Drexel Neumann Academy: http://drexelneumannacademy.net.