Paul L. Caron
Dean


Thursday, January 30, 2020

Penn Gets Record Donation But Irks Students With Name Change

Penn Gets Record Donation But Irks Students With Name Change, Nat'l Jurist, Vol. 29, No. 3, Winter 2020, at 6:

Penn Law (2019-2022)University of Pennsylvania Law School received the largest donation to a law school on record in 2019. But the $125 million came with a name change that sparked immediate protests from students and alumni and led to another change.

The Ivy League institution is now called University of Pennsylvania Carey Law School, after the W.P. Carey Foundation, which made the record donation.

Initially, the new abbreviated reference to the school was Carey Law — a move that led to the protests, including a petition drive that garnered more than 3,000 signatures. The name Penn Law holds greater stature, students and alumni behind the petition drive argued. ...

That backlash led the university to change course. It will continue to use Penn Law until the fall of 2022, when it becomes Penn Carey Law.

Penn Law was not the only school to be rebranded of late because of a large donation. Pepperdine University School of Law received $50 million from Los Angeles developer Rick J. Caruso and his wife, Tina. The Malibu, Calif., school, which is celebrating its 50th year, is now named Pepperdine Caruso School of Law. The Pepperdine name change did not see backlash, however.

“We made sure that Pepperdine’s name would come first,” said Dean Paul Caron. “That’s the more common way, and that’s the way we did it.”

Caron thinks that more donations and name changes will follow at other schools. “Law schools are facing issues of affordability for students,” he said.

Not only did Pepperdine Caruso Law get $50 million but the donor plans to work with the school to raise another $50 million, Caron said.

10 Biggest Donations

The 23 Law School Naming Gifts ($3 Million - $125 Million):

[W]e’ve compiled data on the 23 donations that led law schools to rebrand in honor of their patrons. Our list kicks off in the 1960s with the University of Southern California Gould School of Law, but the action really picks up in the 2000s. And although there are some outliers, most of the recent naming donations fall between $20 and $50 million.

https://taxprof.typepad.com/taxprof_blog/2020/01/penn-gets-record-donation-but-irks-students-with-name-change.html

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Comments

That gift to Arizona is around $175 million in today's dollars.

Posted by: Unemployed Northeastern | Jan 30, 2020 10:27:46 AM

Penn could get a zillion dollars and they wouldn’t be Harvard

Posted by: Mike Livingston | Jan 31, 2020 4:21:17 AM