Income
Income generated from the sale of his books has been used to fund certain philanthropies. In 1986, Greeley established a $1 million Catholic inner-city School Fund, providing scholarships and financial support to schools in the Chicago Archdiocese with a minority student body of more than 50%. In 1984, he contributed a $1 million financial endowment to establish a chair in Roman Catholic Studies at the University of Chicago. He also funds an annual lecture series, “The Church in Society”, at St. Mary of the Lake Seminary, Mundelein, Illinois, where he earned his S.T.L. in 1954. He donated several thousand dollars to the 2008 presidential campaign of Barack Obama.
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Famous quotes containing the word income:
“Happy are those who find wisdom, and those who get understanding, for her income is better than silver, and her revenue better than gold. She is more precious than jewels, and nothing you desire can compare with her. Long life is in her right hand; in her left hand are riches and honor. Her ways are ways of pleasantness, and all her paths are peace. She is a tree of life to those who lay hold of her; those who hold her fast are called happy.”
—Bible: Hebrew, Proverbs 3:13-18.