The University of Pennsylvania has received $125 million to strengthen its programs and increase financial support for students in need.
The gift made by W. P. Carey Foundation to University’s law school is the largest-ever gift made to the school for recruiting diverse student body while fostering a community that values equity and inclusion.
The gift will fund the journey of students to successful law careers and leadership roles. Historically underrepresented students will see an increase in financial support. The gift will also aid the recruitment of the finest scholars who will generate new research insights that will inform and impact the profession.
In recognition of the Foundation’s generosity, the university has named the school to Carey Law School.
“This gift will bolster cross-disciplinary opportunities for law students at Penn’s 11 other top-ranked graduate and professional schools, preparing the next generation of leaders in the law, business, government, and in the public interest,” William P. Carey II, Chairman of the W. P. Carey Foundation said.
A part of the gift will be spent on innovative interdisciplinary, and entrepreneurial programming while training students in creative problem-solving and the increasing interconnectivity of commerce, law, and public policy.
Pepperdine University $50 Million Gift to Make Law Degrees Accessible