Wharton School, Villanova University Receive $15 Million From Alumna

The Wharton School of the University of Pennsylvania and Villanova University have announced gifts of $10 million and $5 million from alumna Anne Welsh McNulty.

Awarded through the John P. & Anne Welsh McNulty Foundation, the $10 million commitment to Wharton will support expansion of the Wharton Leadership Program, which for twenty years has prepared individuals for leadership  through a holistic approach to coursework, coaching, mentoring, and experiential learning. In recognition of the gift and in memory of McNulty's late husband, John, the program will be renamed the Anne and John McNulty Leadership Program. A co-founder and managing partner of JBK Partners and previously a managing director at Goldman Sachs, Anne McNulty serves on the Wharton School's board of overseers and Wharton Leadership advisory board.

"I believe in the transformative power of developing each individual's leadership capacity," said McNulty. "Wharton's Leadership Program is uniquely poised to make a real impact that will multiply from its students to businesses and communities and beyond."

The $5 million commitment to Villanova will establish an interdisciplinary Institute for Women's Leadership that supports women's advancement through education, advocacy, networking and community building, research, and leadership capacity and skills development. The institute also will serve as a centralized resource for academic, extracurricular, and professional programs designed to stimulate conversations about women in leadership and help women excel in their chosen fields.

"When I went to Villanova forty years ago, women had only recently been admitted across all colleges at the university, and those of us on campus were ambitious and adventurous and ready to take on the world," said McNulty. "We were convinced the rapid changes around us would continue and that progress would be made much more quickly than it had been. Now more than ever, we need to focus on how we develop and elevate women as leaders."