University of Pennsylvania

Penn News

Some of the world’s best and brightest students aim their sights at an undergraduate education at Penn, but many lack the resources to embark on this journey. Penn graduates Jon Gray, C’92, W’92, and Mindy Basser Gray, C’92, are stepping in to help.

This month, the University of Pennsylvania announced a $10 million gift from the couple, which will support undergraduate financial aid and the Penn First Plus program for students who are low-income or the first in their families to attend college—the latter being a group that is particularly close to heart for Mindy Gray, who, herself, was a first-generation student.

The PennHealthX innovation program serves as a launchpad for students in the Perelman School of Medicine, supporting innovative ideas in health care and opportunities for professional development. Now, a generous gift has secured the future of this program for years to come.

In November, Roderick Wong, M’03, endowed the PennHealthX program with a $6 million donation, one of the largest single gifts to support the medical curriculum at the Perelman School of Medicine. The gift will provide funding for this student-led organization, which focuses on student certification, venture investment, and events dedicated to learning and networking. It will also create a unique scholarship to support medical students who are pursuing a dual-degree MD/MBA at Penn’s Wharton School of Business.

Penn President Amy Gutmann and Wharton Dean Geoff Garrett are pleased to announce the appointment of Cait Lamberton as the inaugural Alberto I. Duran President’s Distinguished Professor at the Wharton School of the University of Pennsylvania, effective July 1, 2019.

The Alberto I. Duran President’s Distinguished Professorship was endowed by Mr. Alberto I. Duran, WG’93, and his wife Inma Duran with a generous gift.

From American elms to Yoshino Japanese-cedars, more than 4,000 trees dot the verdant landscape at Morris Arboretum of the University of Pennsylvania. A newly announced staff position will take the lead in growing and maintaining this remarkable arboreal collection.

Morris Arboretum has raised $1.5 million to support and endow the Paul W. Meyer Chief Arborist. This critical new position is expected to be filled at the beginning of 2020, and is named for Paul W. Meyer, the former F. Otto Haas Executive Director of the Arboretum, who retired earlier this year.

Each year, 20,000 young adults across the country “age out” of foster care. That’s the equivalent of the Palestra arena filled 2.3 times with 18−21-year-olds who are ill equipped to live on their own after years in the foster care system.

Lacking the skills to navigate adulthood, they are more likely to lag educationally, experience arrest, and struggle financially than their non-foster peers. For every young person who ages out, taxpayers and communities can expect to pay about $300,000 in social costs over their lifetime.