Jenner & Block

Representing Big Shoulders Fund in Landmark Agreement with the Archdiocese of Chicago

The firm represented long-time pro bono client Big Shoulders Fund in the negotiation of a historic agreement with the Archdiocese of Chicago to support Catholic schools in the neediest areas of Chicago.

Completed in December 2019 and announced in early 2020, the agreement provides for tens of millions of dollars to be invested in Catholic schools in Chicago’s lower-income communities over the next decade.  An article in The Chicago Tribune described the effort as “a massive investment that comes amid widespread challenges to keeping schools open.”  The agreement was also announced in Crain’s Chicago Business.

Under the agreement, the Archdiocese and Big Shoulders together will provide more than $90 million in 30 Catholic schools located predominantly on the city’s South and West sides, with Big Shoulders donating $47.5 million to schools from Auburn Gresham to the Austin neighborhood over the next 10 years, and the Archdiocese providing nearly $45 million, to keep the schools open and improve their scholastic performance.

The Jenner & Block team, led by Partner Vincent E. Lazarand Big Shoulders Fund board member Daniel R. Murray, along with former associate David D. Heckman, worked with the client for more than a year to fashion this groundbreaking agreement.

TAGS: Transactional

PEOPLE: Daniel R. Murray, Vincent E. Lazar

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