Cristo Rey Research Triangle Corporate Work Study Program
ActiveEmployment
About Cristo Rey Research Triangle Corporate Work Study Program
Cristo Rey Research Triangle High School is a Catholic learning community that educates young people of limited economic means to become men and women of faith, purpose, and service through a rigorous college preparatory curriculum integrated with a Corporate Work Study Program that provides real-world work experience and helps fund students' education.
Focus Areas
K-12 educationCollege readinessWorkforce development / youth employmentScholarships and financial aidCommunity engagement
Who They Fund
low-income high school studentsfirst-generation college-bound youthstudents from families with limited financial resourcescollege-bound adolescents in Jesuit/preparatory schools
Funding Style
direct program delivery
About Cristo Rey Research Triangle Corporate Work Study Program
Cristo Rey Research Triangle Corporate Work Study Program Inc. directed its two largest recent grants to Cristo Rey High School in Durham, including $568,208 in 2025 and $443,211 in 2024. That pattern points to a funder whose giving is tightly tied to its own school model and the costs of delivering it. The organization supports a Catholic college-preparatory learning community for young people of limited economic means, combining academics with a Corporate Work Study Program that gives students real-world employment experience and helps fund their education. Its recent grantmaking reflects direct program support rather than broad external philanthropy. The foundation also appears alongside school-centered fundraising and sponsorship efforts such as the Rey of Hope Spring Benefit, the Cristo Rey Classic Golf Tournament, and Sponsor A Scholar, all of which connect donor support to student scholarships, mentorship, and school operations. Leadership is listed as Neil Cronin. With annual grants of $1,011,419 and total assets of $871,853, the foundation’s recent activity shows a focused institutional role in sustaining Cristo Rey Research Triangle’s education and work-study model.
What Cristo Rey Research Triangle Corporate Work Study Program Funds
The clearest cause area is college-preparatory education for students from families with limited financial resources. In 2025, Cristo Rey Research Triangle Corporate Work Study Program Inc. gave $568,208 to Cristo Rey High School in Durham, and in 2024 it gave $443,211 to the same recipient, showing direct support for the school’s core mission. Work-study and youth employment are also central. The Corporate Work Study Program places students in entry-level professional jobs five full days per month across their four years of high school, linking classroom learning to workplace experience and tuition support through wages. Scholarship support appears through donor-facing programs such as Sponsor A Scholar, which pairs donors and mentors with a Cristo Rey student to provide financial support and mentorship. Fundraising events like the Rey of Hope Spring Benefit also connect giving to scholarships, the Corporate Work Study Program, and school operations.
How Cristo Rey Research Triangle Corporate Work Study Program Gives
The foundation’s typical grant size is tightly clustered: the 25th percentile is $474,460, the median is $505,710, and the 75th percentile is $536,959. That pattern suggests large, program-level awards rather than small discretionary grants. The two recent grants on file both went to Cristo Rey High School, indicating repeated support for the same recipient across consecutive years. The funder is structured as an operating organization tied to Cristo Rey Research Triangle, and it does not fund individuals. Active giving channels include sponsorships, matches, and donor programs linked to the school’s own fundraising efforts.
Financial Snapshot
Annual Giving
$1M
Total Assets
$872K
Total Revenue
$930K
Total Expenses
$568K
Typical Grant Size
Most grants fall between $474K and $537K, with a median of $506K.
25th Percentile
$474K
Median
$506K
75th Percentile
$537K
Geographic Reach
Local1 state funded
About 100% of grants go to recipients in NC.
Funding intensity
LowHigh
Headquarters
Leadership
NEIL CRONIN
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