Dive Summary:
- Hobby Lobby announced Friday that it would donate a Massachusetts campus to the Arizona-based for-profit Grand Canyon University via a foundation associated with the school.
- Hobby Lobby bought the New England campus, which was previously home to the Northfield Mount Hermon School, in 2009, intending to donate it to the nonprofit C.S. Lewis Foundation.
- The company selected Grand Canyon, which currently owns a 115-acre campus in Phoenix, to receive the property based on its Christian orthodoxy and values.
From the article:
"... Hobby Lobby bought the campus in 2009 for $100,000, and has since spent $5 million in upkeep and improvements.
Before the company bought it, the campus housed Northfield Mount Hermon School, a prep school founded by evangelist D.L. Moody. Moody built the campus in 1879 as a school for girls. ..."