Frequently Asked Questions

Why is it important to support The Wharton Fund?

The Wharton Fund provides a valuable, consistent stream of resources that alleviate operating costs and the transferring of those costs to current students. It also helps the School plan for the future.

Why is unrestricted giving important?

While endowed gifts such as scholarships are important, unrestricted funds – like those raised by The Wharton Fund – are vital as they can be used when and where the School needs them most. The Wharton Fund allows the administration to respond to immediate needs and opportunities that may arise and continually builds the School’s financial foundation. It provides the broadest possible base for alumni and friends of the School to participate in supporting Wharton.

How is Wharton Fund support used?

The Wharton Fund advances every aspect of the School’s mission and operation by supporting programs like the Semester in San Francisco and MBA Leadership Ventures, along with facility improvements and modernizations, and cutting-edge faculty research in areas like neuroscience. Resources from The Wharton Fund are regularly disseminated worldwide in support of satellite campuses, international research, and innovative educational opportunities.

Who benefits from gifts to The Wharton Fund?

All of Wharton benefits from your generosity. Every Wharton student—graduate and undergraduate—benefits from resources The Wharton Fund provides, as do all Wharton faculty. Gifts to The Wharton Fund truly have a global reach, supporting Wharton’s campuses in Philadelphia and San Francisco, international research and education opportunities, and the dissemination of Wharton’s thought leadership across the business landscape.

What is the Benjamin Franklin Society?

The Benjamin Franklin Society (BFS) is the leadership unrestricted annual giving circle at the Wharton School. Members of the Society generously contribute $2,500 or more annually to The Wharton Fund. Recent MBA graduates, 0-4 years out, are able to join with gifts of $1,000 or more. Visit Wharton’s Benjamin Franklin Society website to learn more about its importance, impact, and levels of giving.

The Benjamin Franklin Society at the Wharton School recognizes donors at the following levels:

Dean’s Circle:$100,000 and above

Anvil Society:$50,000-$99,999

Joseph Wharton Society:$25,000-$49,999

Founder:$10,000-$24,999

Fellow:$5,000-$9,999

Associate:$2,500-$4,999

Young Franklin Society:$1,000-$2,499
0 to 4 years after graduation

What is The Wharton Fund Loyalty Society?

Wharton recognizes those donors who have given to The Wharton Fund – at any level – for three or more consecutive fiscal years as members of The Wharton Fund Loyalty Society. Loyalty Society members are Wharton’s most committed philanthropic champions who lead by example year after year. Visit The Wharton Fund Loyalty Society’s website to learn more about its importance and impact.

Why do gifts of all sizes matter?

The power of The Wharton Fund lies in the energy of participation and gifts of all sizes are valuable contributions to its success. This collective abundance creates energy that moves the School forward by helping The Wharton Fund reach its goals. High levels of participation in unrestricted giving is a key indicator of the strength and health of an institution.

Why did I receive a request for support from another University of Pennsylvania school or center as well as a request from The Wharton Fund?

If you hold multiple academic degrees or have an affiliation with other schools or centers at the University, you might receive solicitations for their respective annual funds, programs or other initiatives. Each school and center funds its own operating budget.

How will my gift to Wharton also benefit the University?

As a school of The University of Pennsylvania, the Wharton School is a valuable partner within the University. Wharton is recognized as an engine for creating leaders who will change the world and that is a mission and vision supported by the University. But when you donate to The Wharton Fund, your gift is dedicated expressly to the needs of the Wharton School.

Who Should I Make Checks To?

Make checks payable to
“The Trustees of the University of Pennsylvania”

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).

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

How can I find out if my employer will match my gift?

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
  • Google
  • 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.

What is Wharton's Tax ID Number?

The Wharton School’s tax ID/EIN number is 23-1352685.

The Wharton School of the University of Pennsylvania is a registered 501 (c)(3) organization and charitable gifts made to the School are tax deductible to the extent allowed by law.

I am giving from outside the U.S., how can I give?

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.

Canada
Europe
Hong Kong
United Kingdom

Ravali Parsa, WG'20

“My philosophy is to give back to institutions that have played an instrumental part in my life, and I believe that Wharton has done exactly that. And that’s why I believe giving back to The Wharton Fund is so important.”

Ravali Parsa, WG’20

Stories

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 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.

Use Our Secure Giving Site

▼ 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
  • Google
  • 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.

Canada
Europe
Hong Kong
United Kingdom

▼ 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.

Learn About Planned Gifts