Historic $125m gift to law school
The W. P. Carey Foundation has made a $125 million gift to the law school at the University of Pennsylvania, the largest gift ever to a law school. In recognition of the Foundation’s generosity and in honor of the Carey family and its long-term involvement with Penn, the school will be named the University of Pennsylvania Carey Law School.
The gift will allow the Carey Law School to increase student financial support, ensuring robust support for historically underrepresented students; expand upon one of the most longstanding, rigorous, and expansive pro bono programs of any peer law school; and support the recruitment of the finest scholars who will generate new research insights that will inform and impact the profession.
In addition, the gift will enrich students’ preparation for long-term career success by increasing investment in innovative interdisciplinary, and entrepreneurial programming, and enables Carey Law School to provide its alumni a rich program o