 The family sold the castle in the 1950s, when it was acquired by the Franciscan Order of Friars who then established a boarding school for boys in the grounds, known as Gormanston College.Since 2015, the school has been managed by Meath VEC under Franciscan trusteeship and is now largely a day school although there are still 70 boarders.The sports facilities and vacation accommodation for groups is separately managed by a new company Gormanston Park.