Saint John’s High School of Shrewsbury has received a significant donation from an alumnus, which the private all-boys school will use to create an accounting and finance program.
Funding for the program was donated by Saint John’s alumnus Dr. Jeffrey Jay from the Class of 1976, according to a Friday press release from Saint John’s High School. Jay is the founder and managing partner for healthcare investment firm Great Point Partners of Connecticut.
Saint John’s declined to provide the dollar amount of donation. The new program will be named the Jeffrey R. Jay ’76 Endowed Accounting and Finance Program, with goals of elevating academic excellence and nurturing future business leaders.
“I’m very excited to catalyze the new accounting and finance program and enhance the strong academic offerings at Saint John’s High School,” Jay said in the release. “Adding opportunities for students interested in business to learn from outstanding teachers, compete for scholarships and connect with visiting professors from some of the nation’s top undergraduate business programs adds an important new dimension to the curriculum.”
The program’s funding will be funneled into three initiatives: lectures in business classes and open sessions for students looking to study business in college, scholarships for eight Saint John’s seniors taking accounting and business courses, and salary financing for the school’s inaugural Jay Chair, a position to be filled by 1983 alumnus Joe Doherty.
Saint John’s, founded in 1898, is a private Catholic boys school for grades 7-12. The school had enrollment of 916 students for the 2022-2023 school year, according to data the school provided to WBJ.
