Report to Investors CONTENTS Leadership Gifts 1 The Wharton Fund 16 MBA Classes 38 Friends, Parents and Family Foundations 86 Corporations and Foundations 93 Undergraduate, Masters and Doctoral Programs 102 Tribute Gifts 109 Gift Planning 114 LEADERSHIP GIFTS Visionary Leaders Joseph Wharton gave the Trustees of the University of Pennsylvania $100,000 worth of railroad stock and mortgage bonds in 1881, to establish the world’s first collegiate business school. Today, the Wharton School continues to rely on the generosity of visionary leaders to support its vast global activities. Leadership gifts to the Wharton School follow the example set by our founder in supporting the research enterprise and academic programming, technology enhancements and other critical financial needs. THE President’s CirCLE LEADERSHIP GIFTS Gifts of $1 Million and Above Giving at the President’s Circle level reflects outright gifts and pledges to restricted and unrestricted funds. Anonymous (6) Phyllis S. and William L. Mack, W’61 Patty and Jay H. Baker, W’56 William and Phyllis Mack Family Foundation Pat and Jay Baker Foundation Lisa and David J. Matlin, W’83 Dahlia and Arthur H. Bilger, W’75 Aditya Mittal, W’96, and Megha P. Mittal, W’97 Bilger Foundation Michael Moh, W’92 David S. Blitzer, W’91, and Allison J. Blitzer, C’91 Larry & Celia Moh Foundation Norine I. and Geoffrey T. Boisi, WG’71 Diane J. and John Patience, WG’73 Jerome F. Dean, W’75 Marc J. Rowan, W’84, WG’85 James G. Dinan, W’81 and Elizabeth R. Miller Rowan Family Foundation Jacalyn C. and William P. Egan II, WG’69 His Excellency Sheikh Nahayan M. Al Nahayan Joshua J. Harris, W’86 Diane I. Spilker, W’87, and Marc A. Spilker, W’86 Joshua and Marjorie Harris Family Foundation Richard M. Tsai Higher Colleges of Technology Wan-Tsai Tsai John Idol Lauren G. Turner, W’85, and Kenneth R. Idol Family Foundation “Bobby” Turner, W’84 Bruce I. Jacobs, G’79, GR’86 Margaret O. and Jerome A. Turner, W’57 Tayeb Kamali Catherine P. and Randall J. Weisenburger, WG’87 Joel A. Lang, W’55, WG’58 Dorinda and Mark Winkelman, WG’73 Diane v.S. and Robert M. Levy, WG’74 Emil K. Woods, W’94 Kenneth N. Levy, WG’76, G’82 Barbara Ziegler † Marie O. and Barry R. Lipman, W’70 † Indicates deceased 2012 ANNUAL REPORT TO INVESTORS 2 THE DIRECtor’s CirCLE LEADERSHIP GIFTS Gifts of $500,000 to $999,999 Giving at the Director’s Circle level reflects outright gifts and pledges to restricted and unrestricted funds. Anonymous (6) Gloria M. and William H. Lawrence, W’83 Altus One Fund, Inc. Nancy and Howard S. Marks, W’67 Arbor Commerical Mortgage LLC Manuel V. Pangilinan, WG’68 Jeff T. Blau, WG’92 Jaime Peisach, W’88, and Silas K. Chou Cheryl Peisach, W’87 Robert I. Glass, WG’58 James Riady Bennett W. and Cynthia R. Golub, W’76 Anthony Salim Golub Family Fund Salim Group David J. Haemisegger, WG’81, and Nancy Nasher Elena K. and Scott L. Shleifer, W’99 Pasi M. Hamalainen, EE’92, W’92, G’93 Rhona R. and Richard L. Thompson, WG’96 Lara E. and Anthony R. Ignaczak, W’86 University of Pennsylvania USA Foundation Limited Jonathon S. Jacobson, W’83, and Wells Fargo Social Responsibility Group Joanna M. Jacobson, C’82 Steven C. Witkoff Jacobson Family Foundation Arthur M. Wrubel, W’87 Jeffrey S. Katz, WG’71 and Beth Rogers Ivan P. Kaufman † Indicates deceased 2012 ANNUAL REPORT TO INVESTORS 3 THE EXECutive’s CirCLE LEADERSHIP GIFTS Gifts of $100,000 to $499,999 Giving at the Executive’s Circle level reflects outright gifts and pledges to restricted and unrestricted funds. Anonymous (19) Becky M. Elrad, W’89, and Paul K. Kelly, C’62, WG’64, and Erika and Jay B. Abramson, W’83, L’86 Michael A. Elrad, W’89 Nancy Lee B. Kelly David Altshuler, WG’93, and Sebastian Escarrer, WG’93 Kelly Family Foundation Sharman B. Altshuler, V’96 Wendy J. Finerman, W’82 Rene M. Kern, G’90, WG’90 Sharman & David Altshuler Randy C. and Jay S. Fishman, W’74, WG’74 Brian Kwait, WG’88 Advised Fund Fishman Family Foundation Bonnie A. Larson Revocable Trust Joseph G. Ansanelli, W’92 David N. Fleischer, C’70, WG’76, and Marc J. Leder, W’83 Lawrence G. Babin, W’70 Judith M. Fleischer, WG’76 Leder Family Foundation, Inc. Venkat. H. “Vinnie” Badinehal, WG’96 Goldman Sachs Charitable Gift Lorraine and Ken Levy Bank of America Corporation Goldman Sachs Gives Rosy and Daniel E. Levy, C’87, W’87 Ron Baron The Goldman Sachs Group, Inc. Elaine A. and Stephen E. Lewis, WG’65 Baron Capital, Inc. Vidya and Sanjay Govil, WAM’08 Lannie L. and Howard A. Lipson, W’86 Mohamed B. Bassatne, WG’89 Sanjay Govil Foundation Patricia C. and Nicholas Lobaccaro, W’91 Bassatne Association for Charity Michael S. Gross William T. Lockard, WG’84, and Shelley A. and Grant G. Behrman, WG’77 Vicki Panzier Gross, W’87 Alix Marduel Milton R. Berlinski, WG’80 Mehmet Habbab, W’65, WG’67 Frederic Mack Amy and Andrew G. Bluhm, W’88 Sami Habbab, W’98 Richard J. Mack, W’89 Susan B. and Carl E. Bolch, Jr., W’65 Mary and Robert M. Haft, W’74 Patricia and John T. Magliocco, W’64 Bruce W. Brownstein, W’80 Heckscher Foundation for Children Claude M. Marion, WG’80 Bulldog Ventures, Limited Andrew M. Heller, WG’79 Mars Belgium NV CDVSJ Foundation Hertz Corporation James B. McElwee, WG’76 Citi Foundation Boris Hirmas Said Michelson Medical Research Claude and Sofia Marion Foundation William F. Holekamp, WG’72 Foundation, Inc. David A. Cohen Holekamp Foundation Gary Michelson Arthur D. Collins, Jr., WG’73 Cathey S. and Donald D. Humphreys, WG’76 Mindy and Ira M. Mitzner Collins Family Foundation Brynn and Peter Huntsman Kenneth D. Moelis, W’81, WG’81, and Jonathan J. Coslet, W’87 Jon and Karen Huntsman Foundation Julie T. Moelis, W’81 Roger Crandall, WG’02 Karen C. and Jon M. Huntsman, W’59, H’96 Edward A. Mule, W’84, WG’84 Anthony L. Davis, G’97, WG’97 Marie L. Hurabiell, L’96 Mule Family Foundation Gary S. and Ellen S. Davis, W’85 Ira M. Mitzner 2004 Revocable Trust NCsoft Ellen and Gary Davis Foundation William M. Jewett, WG’86, and Roy S. Neff, WG’76, and Rosa R. and Carlos M. de la Cruz, Patricia Jewett Rosalind S. Neff, WG’76 W’62, WG’63 Evan Jones, WG’83 New Visions Irrevocable Trust Susan and Michael A. Delaney, WG’82 Evan and Cindy Jones Foundation Pacific Gas & Electric Company Faquiry Diaz, C’97, W’97 Kadrovach-Duckworth Foundation Palermo-Ravich Revocable Trust Albert F. Dombrowski, WG’93 Michael Kao, WG’97 Simon D. Palley, WG’83, and Thomas and Connie K. Duckworth, WG’79 Beth J. Kaplan, W’80, WG’81 Midge Palley, WG’83 Alberto I. Duran, WG’93 Jeffrey M. Kaplan, W’87, and Lisa A. and Richard C. Perry, W’77 Adolphus O. Ehrlich, W’32 Robin H. Kaplan, C’91 Perry Capital † Indicates deceased 2012 ANNUAL REPORT TO INVESTORS 4 THE EXECutive’s CirCLE LEADERSHIP GIFTS Santo Politi, WG’97 Marcia W. and Paul W. Soldatos, WG’74 Lea and Barry A. Porter, W’79 Sovereign Bank Emily S. and David S. Nancy and Geoffrey L. Stack, WG’72 Pottruck, C’70, WG’72 Nancy & Geoffrey Stack Family Foundation David & Emily Pottruck Fund Christopher C. Stavrou, WG’67 Sharon and Scott S. Prince, W’85 Patrick Sun, W’81 Prince Family Foundation Rachel and Jeff Sutton, W’81 Mandakini Puri, WG’86 Jeff Sutton Charity Fund Stacey D. and William J. Quinn, W’92 Tinah and Sukanto Tanoto, WF’01 Quinn Family Foundation Tanoto Foundation Quinn Family Fund Karen G. Tarte, W’84, and Scott Tarte, C’84 Clifford I. Rackson, W’81, WG’82 Andrew I. Trader, W’91, WG’99 Jess M. Ravich, W’79, WG’79 Charles P. Turlinski, WG’71 Staci and Eric G. Reiter, W’97 Urban Outfitters, Inc. Saul B. Rosenthal, W’90 Tina and Michael A. Weinstock, W’82 Robert L. Rosner, WG’85 Loralee and Alfred P. West, Jr., WG’66 John M. Roth, W’80, WG’80, and R. Graham Whaling, WG’88 Lauren Razook Gregory A. White, WG’80, and Neil L. Rubler, WG’98, and Mindy G. White, W’80, WG’81 Allison M. Rubler, C’93 Thomas K. Whitford, WG’82, and Robert S. Rubler, C’58, D’62 Margaret B. Lehr, C’76, WG’82 Sap America, Inc. Mary and Scott A. Wieler, WG’87 Monica Sasson, C’91 Wieler Family Private Foundation Denise and Andrew M. Saul, W’68 Willis Re, Inc. Samuel C. Schwab, W’73 Robert Wolf, W’84 Schwab Fund Robin S. and Marc B. Wolpow, W’80 Joyce E. and Richard C. Schwartz, WG’87 Marc and Robin Wolpow Family Fund SEI Investments Company Evelyn Wu, W’02 Jerry M. Seslowe, WG’69 Vivian Wu, C’94, W’94 Catharine D. Sharpe Charitable Trust Winston Wu, W’02 Sholk-Kaplan Family Philanthropic Fund Diana D. and James E. Yacobucci, WG’74 Lydia P. and Douglas W. Shorenstein Lydia & Doug Shorenstein Foundation, Inc. Ravi Sinha, WG’89 Richard L. Smithline, W’81 † Indicates deceased 2012 ANNUAL REPORT TO INVESTORS 5 INVESTORS LEADERSHIP GIFTS Gifts to $99,999 Giving at the Investors’ level reflects outright gifts to restricted funds. Anonymous (29) American Value Partner AXA Foundation Arya Abedin, WG’12, G’12 Amerimar Realty Company AXA Foundation Fund Aberdeen Asset Management Amgen, Inc.