William Pulte’s life reads as a true American success story, as he built his first home by hand at the age of 18 and his first complete subdivision before the age of 30. The company he founded became Pulte Home Corporation and went public in 1969. It has now built more than 700,000 homes. Employing nearly 5,000 and generating some $8 billion in annual revenue, the company now builds in 50 markets across the country under the brand names Pulte Homes, Centex, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods.
To understand Pulte’s dedication to giving back, one only need to look at a revelation that was made after his passing. Pulte silently donated more than $17 million to the Angel Fund, which he established as a no-questions-asked lifeline administered by Catholic parishes in Detroit, Highland Park and Hamtramck for needy families in the inner city. Pulte’s identity as the donor behind it remained a secret until his passing.
“Bill was a remarkable example of a good and faithful steward,” Archbishop Allen H. Vigneron said in a statement shortly after Pulte’s passing. “One of many examples would have been the Angel Fund. Insisting on anonymity, he donated millions of dollars so our priests and parishes in Detroit could help those struggling to pay basic living expenses.”
“Bill Pulte was a man of great religious faith. Born in humble circumstances, he achieved phenomenal success in the business world,” said Cardinal Adam J. Maida, retired archbishop of Detroit. “In his love of God and neighbor he lived what he believed, especially in his love of the poor, the marginalized and the disenfranchised in metropolitan Detroit and beyond.”
In addition to the Angel Fund, Pulte also supported Detroit’s Cornerstone Schools and built or donated thousands of housing units and shelters for some of the poorest communities in Central America.
Pulte also created the Pulte Family Charitable Foundation in 1990. Through this foundation millions of dollars have been given to aid the poor, particularly children and the aged. The foundation has also provided numerous grant to support mentally, physically, and emotionally-challenged poor persons.
Bill Pulte was a man of great religious faith. Born in humble
“ circumstances, he achieved phenomenal success in the business world.
Cardinal Adam J. Maida, ” retired archbishop of Detroit.