Large Estate Gift for Undergraduate Aid

The University announced that the late William J. Levy W’57 L’64 has contributed $50 million in support of undergraduate students in the College of Arts and Sciences, most recently through an estate gift of more than $42 million.

The gift will enable the William J. Levy Endowed Scholarship Fund to support more than 40 “civic-minded” students in the College annually, regardless of their financial backgrounds.

Levy, who died on July 27, 2023, was an attorney for the US Department of Justice and later founded a private investment firm. In the announcement, Penn Interim President J. Larry Jameson called him a “dedicated friend to Penn” whose “legacy will not only uplift future leaders but will also touch societies far beyond Penn’s campus.”


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