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The Terre Haute Casino Foundation has pledged up to $94 million to help the Vigo County School Corporation (VCSC) build a new high school, provided the Vigo County Council makes what the foundation describes as a “significant financial commitment” before the end of 2026.
According to the foundation, the commitment would begin with a $10 million upfront contribution, followed by annual payments of about $4.2 million over the next 20 years.
“The Foundation believes one new high school east of the river is one of the most important investments Vigo County can make in its students, workforce, economy, and long-term future,” Foundation Board President Ellie Caldwell wrote in a July 20 letter.
“Strong, modern schools are essential to educational opportunity, workforce readiness, talent attraction and retention, and the overall quality of life of our community.”
Indiana casino revenue fuels community development
Established in 2025, the Terre Haute Casino Foundation is an independent nonprofit created through a Local Development Agreement between Vigo County Commissioners and Churchill Downs Inc., operator of Terre Haute Casino Resort.
The foundation represents one example of how Indiana’s expanding gaming industry — including interest in Indiana online casinos and other regulated gaming options — can contribute funding to local priorities such as education, workforce development and infrastructure.
The organization invests gaming revenue into long-term community initiatives, with priorities including education, workforce development, infrastructure, housing, health and quality-of-life projects throughout Indiana’s Wabash Valley.
Vigo County prepares for sweeping shcool changes
The VCSC is pursuing a multiyear facilities modernization plan designed to address aging buildings and declining enrollment through school consolidation and renovations.
The proposal includes constructing a new high school east of the Wabash River, estimated to cost about $222 million. The new campus would replace Terre Haute North Vigo High School and Terre Haute South Vigo High School.
Under the broader facilities plan, the existing North and South high school buildings would be renovated and converted into middle schools. Woodrow Wilson and Sugar Creek also would serve as middle school sites, while Sarah Scott, Otter Creek and Honey Creek middle schools would be repurposed as modernized elementary schools.
County commitment remains key to unlocking funds
According to WTHI news, Caldwell said the foundation’s contribution could be used for construction costs, bond financing, equipment purchases, educational spaces and other capital improvements.
“The commitment represents more than financial support for a building,” Caldwell wrote. “It is a long-term investment in Vigo County’s students, teachers, families, workforce, economic development, and ability to attract and retain residents, businesses and jobs.”
The Vigo County Oversight Board is reviewing school facilities options and is expected to recommend a preferred plan to the Vigo County Council, which will make the final decision on the county’s financial commitment.
