The Hattersley Society honors alumni and friends who have provided for Wharton’s future through life income, bequest, and other estate and planned gifts.
The Society is named for the late Gordon B. Hattersley, Jr. (1930-2002), who graduated from the Wharton MBA Program in 1954. Co-founder of UTI Corporation, Mr. Hattersley was closely involved in the life of Wharton. He served as a member of the Undergraduate Executive Board for many years, and as a member of the School’s Board of Overseers. His support of Wharton during his lifetime included decades of support of the Wharton Fund and gifts of financial aid for high school students attending the School’s Leadership in the Business World program. He helped Wharton build new, world-class teaching facilities with major gifts to name prominent spaces in the Steinberg Conference Center and in Jon M. Huntsman Hall, spaces named for his father, Gordon, Sr. W’24. Mr. Hattersley’s generous support of Wharton extended after his death. His unrestricted estate gift to the School is the largest such gift in the School’s history.
Qualifications for Membership
We are pleased to include in the Hattersley Society individuals who provide support for Wharton in one or more of the following ways:
- Make a bequest to Wharton through a will or living trust
- Establish a gift with Wharton that provides a stream of payments to the donor for life, such as a charitable gift annuity, charitable trust or pooled income fund
- Name Wharton as owner and/or beneficiary of a life insurance policy
- Name Wharton as a beneficiary of an IRA, 401(k), 403(b) or other retirement plan.
- Make a gift using the IRA Charitable Rollover
- Establish a charitable remainder trust to benefit Wharton
- Make some other form of estate or planned gift to Wharton, such as a gift of a life estate or charitable lead trust.
Membership Benefits
The Hattersley Society is a sister society of the University of Pennsylvania’s Charles Custis Harrison Society, the University-wide recognition program for planned giving donors. Members receive special mailings from the School including Creating Futures, our planned giving newsletter. Hattersley Society members are also invited to annual Harrison Society luncheons, as well as other Schoolwide programs. Most important, members have the satisfaction of knowing that they are helping ensure the future of the Wharton School and benefiting future generations of Wharton students.
Joining The Hattersley Society
To become a member, please contact us regarding the nature of the bequest or planned gift made. Many individuals supply a copy of the specific paragraph or section of a will or trust document that designates his or her commitment to Wharton. All information provided will be maintained in the strictest confidence. If you wish, you may be enrolled as an anonymous member.
Stories
Learn about positive experiences, opportunities, and outcomes made possible by the philanthropy of Wharton alumni, donors, and friends.
Campaign in Review
Experience Impact in Action
The world and its complex challenges require innovative solutions. The More Than Ever campaign positioned Wharton to meet these challenges head on. Philanthropic support during this campaign significantly increased Wharton’s capacity to incubate ideas, power insights, and create leaders who change the world.
Ways to Give
Can’t find what you’re looking for? Contact The Wharton Fund at +1.215.898.7868 or whartonfund@wharton.upenn.edu
The University's fiscal year is July 1 – June 30.
▼ Give Online
▼ Give by Phone
Call The Wharton Fund at +1.215.898.7868
▼ Give by Mail
At this time, we are asking that all checks be sent directly to the bank for processing. Please include your name (and your spouse’s name if applicable), affiliation(s) and how to allocate your gift (ex. The Wharton Fund).
Make checks payable to
“The Trustees of the University of Pennsylvania”
For USPS
University of Pennsylvania
Office of the Treasurer
PO BOX 71332
Philadelphia, PA 19176-9913
For FedEx and UPS Deliveries Only
University of Pennsylvania
Wharton External Affairs
Suite 300 FMC Tower
2929 Walnut Street
Philadelphia, PA 19104
▼ Gifts of Cash
Cash gifts can be made by check or charged to a credit card. Charitable gifts of cash are deductible up to 60% of the donor’s adjusted gross income in the year of the gift with any balance carried forward up to five more years. In valuing any charitable gift for tax purposes, the donor must reduce the gift amount by the fair market value of any goods or services received from the charity. Wharton’s Fiscal Year is July 1- June 30.
▼ Donor-Advised Funds or Private Foundations
Recommend or direct gifts through donor-advised funds or private foundations.
Penn’s Tax ID/EIN is 23-1352685
Make donations payable to “The Trustees of the University of Pennsylvania”
Designate gift to The Wharton Fund.
▼ Bank Wires
Send your gift via a bank wire to:
Wells Fargo Bank N.A.
420 Montgomery Street
San Francisco, CA 94104
Account Name: The Trustees of the University of Pennsylvania – Gifts Accounting
Account# 2000030009956
Reference: Name and Affiliation (example: Susan Lee, WG’99)
For Domestic Wires and ACH’s
ABA Routing #: 121-000-248
For International Wires Only
SWIFT CODE: WFBIUS6S
CHIPS: 0407
▼ Appreciated Securities
The transfer of stock from a donor to Wharton is a fairly simple transaction. Morgan Stanley serves as the University’s main brokerage firm. You will need to work directly with your broker to complete a transfer form and initiate a transfer of stock to the University of Pennsylvania. If you hold the certificate, it is best if those certificates remain unendorsed and you complete a separate stock power form authorizing transfer of ownership from the donor to Wharton.
▼ Charitable Gifts Through Your IRA
The Protecting Americans from Tax Hikes Act of 2015, has extended the IRA Charitable Rollover permanently. The extension allows individuals age 70½ and older to donate up to $100,000 from their IRAs to The Wharton School tax-free. You do not receive an income tax charitable deduction. This provision allows you to transfer money from your IRA directly to Wharton, without having to recognize the transfer as taxable income. You should consult with your tax advisors about your specific situations.
The sample letter can be used to send to your IRA plan provider.
▼ Matching Gifts
Don’t miss the unique opportunity to increase the impact of your giving through a matching gift program. To find out if your employer participates and learn more about how to apply a match to your Wharton Fund gift, visit Penn’s matching gifts database. Most matching gifts are made by companies employing Wharton alumni, including:
- Bank of America
- Deloitte & Touche LLP
- Exxon Mobil
- Goldman Sachs
- IBM
- Microsoft
- PricewaterhouseCoopers
- Wells Fargo
- And many more
For more information concerning the Matching Gifts Program, you can call +1.215.898.5069 or contact devgifts@dev.upenn.edu.
▼ Giving from Outside U.S.
If you live outside the United States and are considering a gift to Wharton, please visit Penn’s Giving from Outside the U.S. website. If you are a taxpayer in one of the following areas, please visit our country-specific giving pages before making your gift as your contribution may qualify for tax benefits in your home country.
▼ Planned Gifts
Planned gifts can be made through bequests, unitrusts, life insurance, pooled income funds, and real estate. If you are interested in learning more about planned giving opportunities, call +1.215.898.6171 or click on the link below.