LeRoy, N.Y. -- Holy Family School will close at the end of the month.
The private Catholic school has struggled with declining enrollment.
In December, the Catholic Diocese of Buffalo told school leaders the school could remain open if they met certain enrollment and fundraising benchmarks.
The Board of Trustees set its own goals of increasing enrollment to 120 students and raising $125,000 by June. The school fell short by 20 students and $15,000.
After meeting with the Diocese Monday, it was agreed the school will close at the end of the school year.
In a statement, Principal Kevin Robertson said, "We are saddened to see this school close after many years of a rich tradition of excellence but we know that the legacy of the school will live on through its current students and alumni.”
Current PreK-7 students will receive a one-time $500 tuition credit that can be applied at any Catholic school within the Diocese of Buffalo for next school year.