William P. Carey
Encyclopedia
William Polk Carey born in Baltimore, Maryland is an American businessman and founder of W. P. Carey & Co. LLC, a corporate real estate financing firm headquartered in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

. The world’s largest publicly traded limited liability company
Limited liability company
A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions...

, W. P. Carey currently owns more than 650 commercial and industrial facilities throughout the United States, Europe and Asia, comprising more than 90 million square feet (8 million square meters) of space.

Early life, career, and family

Carey has deep familial roots in Baltimore. His great-great-great-grandfather James Carey was an 18th- and 19th-century Baltimore shipper, chairman of the Bank of Maryland, a member of Baltimore's first City Council and a relative of Johns Hopkins. His grandmother, Anne Galbraith Carey, conceived of the Gilman School
Gilman School
Gilman School is a private preparatory school for boys located in the Roland Park neighborhood of Baltimore, Maryland. Founded in 1897 as the Country School for Boys, it was the first country day school in the United States. Gilman enrolls approximately 978 students, ranging from kindergarten to...

 for boys in Roland Park.
As a young man Carey left Roland Park's Gilman School
Gilman School
Gilman School is a private preparatory school for boys located in the Roland Park neighborhood of Baltimore, Maryland. Founded in 1897 as the Country School for Boys, it was the first country day school in the United States. Gilman enrolls approximately 978 students, ranging from kindergarten to...

 to go to the Pomfret School
Pomfret School
Pomfret School is an independent coeducational boarding and day school in Pomfret, Connecticut, United States for grades 9 through 12 plus a post-graduate year. Pomfret School was founded in 1894, on the principles of intellectual rigor and the development of character...

 in Connecticut
Connecticut
Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...

, then attended Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....

 and the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...

, before establishing himself in New York City. Carey currently resides in New York City and Rensselaerville, NY. W.P is a notable alum of The Delta Phi
Delta Phi
Delta Phi is a fraternity founded in 1827 at Union College in Schenectady, New York. Founded as part of the Union Triad, along with the Kappa Alpha Society and Sigma Phi Society, Delta Phi was the third and last member of the Triad...

 Fraternity and was an active member in the University of Penn chapter.

Arizona State University W. P. Carey School of Business

Carey is benefactor to the Arizona State University
Arizona State University
Arizona State University is a public research university located in the Phoenix Metropolitan Area of the State of Arizona...

 College of Business. In 2002, Carey donated $50 million to the College of Business. In recognition of his gift, the University renamed its business school the W. P. Carey School of Business
W. P. Carey School of Business
The W. P. Carey School of Business at Arizona State University is one of the largest business schools in the United States, with over 250 faculty, and more than 1,500 graduate and 8,300 undergraduate students...

.

The Johns Hopkins University Carey Business School

Carey announced December 5, 2006 his donation of $50 million to The Johns Hopkins University. He is a trustee emeritus at Hopkins and is donating the money through his W.P. Carey Foundation. The gift is the largest to Hopkins in support of business education and will be called the Carey Business School
Carey Business School
The Johns Hopkins Carey Business School, also referred to as Carey Business School or JHCBS, is one of the academic schools of the Johns Hopkins University in Baltimore, Maryland...

. The Hopkins business school will be named after William Carey's great-great-great-grandfather, James Carey. The school offers a Master of Science in Real Estate
Graduate real estate education
The study of real estate and real estate development at the graduate school level has taken many forms, giving rise to various educational models in the United States and abroad...

 program, one of the first in the Baltimore/Washington, D.C. corridor.

University of Maryland Francis King Carey School of Law

On April 25, 2011 Carey announced his donation of $30 million to The University of Maryland School of Law. The emphasis of the gift will be to increase the school's endowment. The school is being named after Carey's grandfather, Francis King Carey, who was a graduate of the Law School (Class of 1880).

Contribution to The Gilman School

In the mid-1990s, the Gilman School
Gilman School
Gilman School is a private preparatory school for boys located in the Roland Park neighborhood of Baltimore, Maryland. Founded in 1897 as the Country School for Boys, it was the first country day school in the United States. Gilman enrolls approximately 978 students, ranging from kindergarten to...

started discussing the much needed renovations of Carey Hall, the school's main building which houses the Upper School students. Carey Hall, named after Carey's grandmother, was constructed in 1910 and remained the same until late 2006. Carey donated 10 million dollars to the school's capitol campaign fund, a sum that was one fifth of the total amount of money raised for the renovation of Carey Hall. On December 10, 2007 Carey Hall was officially re-opened as Carey cut the ribbon signalling the start of a new generation in a new, updated Carey Hall.

External links

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