Our Philanthropy: Doing Good While Doing Well
"I come from a long family tradition of public service. More often than not, that service has taken the form of providing educational opportunities for young people who would not otherwise have them. That was true for General Leonidas Polk, who founded the University of the South; for my father's cousin, Millicent McIntosh, president of Barnard College; for my grandmother Anne Galbraith Carey, the founder of Gilman School; and for President James K. Polk, who oversaw the opening of the Smithsonian Institution and was committed to the idea of education for all. And it is true for me. Through the W. P. Carey Foundation, we have made top-tier business education possible for those who attend the Carey Business School at Johns Hopkins University and the W. P. Carey School of Business at Arizona State University, including its EMBA program in Shanghai, the most highly prized business degree in China. We recently endowed the Francis King Carey School of Law at the University of Maryland and are proud to have provided critical support for many other colleges and universities, as well as elementary and secondary schools around the country. As in our business dealings, the Foundation is committed to stimulating prosperity and jobs, and additionally to preparing young people to perform those jobs."
-Wm. Polk Carey
W. P. Carey promotes Mr. Carey's philosophy of Doing Good While Doing Well, and the W. P. Carey Foundation supports all employee philanthropy with a 100% matching program. Here is a snapshot of how our employees are Doing Good While Doing Well:
- Lease Administration Associate Tim Goodwin was instrumental in organizing company-wide coat donations for the 22nd Annual New York Cares Coat Drive. Tim not only collected 100+ coats from employees, friends and family and brought them to the New York Cares Centers but also organized a team of friends to volunteer to sort coats after hours. New York Cares was founded by a group of friends in 1987 who wanted to take action against social issues in New York City. Today, it is New York City's largest volunteer organization.
- Becky Reaves, Senior Vice President, Marketing and Investor Relations, and her family walked together for the Pancreatic Cancer Research Walk in Paramus, NJ, in honor of Becky's stepmother, Margaret Myrto, who had recently lost her battle with pancreatic cancer. Becky raised significant funds, all of which went to support the Lustgarten Foundation, whose mission is to advance scientific and medical research related to the diagnosis, treatment, cure and prevention of pancreatic cancer.
- Victoria Atwater in Office Services organized a community outreach, holiday-focused concert with two fellow professional opera singers (including her husband) to fundraise for their children's school. Weekday Nursery School benefited greatly from the concert fundraiser, which featured opera and Broadway selections along with holiday seasonal favorites and even included a sing-along. The nursery school is a non-sectarian outreach program of South Orange, New Jersey's First Presbyterian & Trinity Church and has been operating for over 50 years.
- John Miller, Chief Investment Officer, donates his time and resources by serving on the board of the Temple of Understanding. Founded in 1960, the Temple of Understanding has been educating youth and adults both cross-culturally and interreligiously for global citizenship and peaceful coexistence. The organization advocates acceptance, respect for religious pluralism by the world's governing bodies and actively promotes justice and tolerance.