In recognition of the donation, the school will be renamed Carey Law School, according to a statement Friday. The foundation manages wealth amassed by
Carey died in 2012.
The gift will help the school increase financial aid, including for students from historically underrepresented groups, and expand pro-bono programs and recruiting, according to the statement. It will also assist alumni with career support beyond their first jobs.
The foundation, started in 1990, has provided
The W.P. Carey REIT is based in New York and has a market value of $14.6 billion and a portfolio of 1,204 net lease properties, according to its website.
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