William Polk Carey owned 37 percent of the National Sugar Manufacturing Co. when the Colorado company went bankrupt in 1966, leaving roughly 80 sugar beet farmers out a total of $250,000 for unpaid crops. He settled that debt personally in 1986, mailing a check to each uncompensated farmer, just one instance of the real estate financier turned philanthropist's integrity. In 2006, the Baltimore native—who passed away January 2 following a heart attack—donated $50 million to establish the Carey Business School at Johns Hopkins, which is named for his great-great-great grandfather, James Carey of Loudon, a distant relative of university founder Johns Hopkins. Since its inception, the Carey Business School has forged innovative business education partnerships, launching a number of joint-degree programs that pair business leadership with biotechnology, public health, environmental engineering, and design.
Posted in University News
Tagged philanthropy, in memoriam