Cathedral High School is asked to return $250,000 Petters gift
The court-appointed receiver charged with tracking down the ill-gotten gains of convicted Ponzi-schemer Tom Petters has asked Cathedral High School in St. Cloud to return a $250,000 donation from the disgraced businessman.
Receiver Doug Kelley told the St. Cloud Times that Petters donated about $12 million to various schools and universities. The Cathedral board will meet Jan. 28 to take up the matter.
In December, the monks of St. John's Abbey voted to return a $2 million gift from the Thomas J. Petters Family Foundation for the construction of its Petters Pavilion, and to remove the Petters name from the building.
The College of St. Benedict renamed its Petters Auditorium to Escher Auditorium in December, to distance itself from Peters and to honor the late Sister Firmin Escher, a nun at the Monastery at St. Benedict who helped the school construct its Benedicta Arts Center.