Wharton School Receives $11M to Establish Public Policy Initiative
The Wharton School of the University of Pennsylvania announced Thursday it will establish the Wharton Public Policy Initiative using lead contributions totaling $11 million the school has received.
This initiative will offer independent, practical, timely, nonpartisan research and resources to government policymakers and key decision-makers and will have physical locations in Philadelphia and Washington, DC..
Forging this strong connection between the University of Pennsylvania’s Wharton School and Washington’s policymakers, the Public Policy Initiative will bridge the intellectual divide that currently exists between policymakers and the business community.
“The Wharton Public Policy Initiative will greatly strengthen Penn’s presence in our nation’s Capital, and provide extraordinary opportunities and experiences for our faculty and students,” says university president Amy Gutmann in a media statement announcing the news.
“Not only will this Initiative advance the University’s mission, its very positive effects will also be felt by government, industry, and the business community at large. We are grateful to alumni Marc J. Rowan, Marc A. Spilker, and Diane Isaacs Spilker for their transformative vision and outstanding generosity,” Gutmann adds.
Key to the success of the Wharton Public Policy Initiative will be students and faculty at Wharton and the University who will pursue new knowledge in public policy. In addition to a Faculty Director and Managing Director on Penn’s Philadelphia campus, the Initiative will have a Washington, DC-based Executive Director, who will be crucial to the dissemination of these novel resources in the Capital.
“The Wharton Public Policy Initiative is a critically important new endeavor for the Wharton School,” says Wharton School dean Thomas S. Robertson. “The Initiative will enable the School to further expand its reach as it pertains to the intersection of business and public policy. It will represent the pinnacle of public policy teaching, learning, and research and will allow Wharton to create knowledge that has impact upon business and government.”