Johns Hopkins' Carey Business School Receives $50M Gift From Namesake Foundation

May 10, 2026 - 22:50

The Johns Hopkins Carey Business School has received a $50 million gift from the W. P. Carey Foundation, marking the latest installment in a long-running partnership that now totals $125 million in donations. The new funding is earmarked specifically to expand entrepreneurship programs at the Baltimore-based institution.

School officials say the money will support new initiatives aimed at helping students launch startups and commercialize research. The gift will also fund faculty positions and curriculum development focused on innovation and venture creation. The W. P. Carey Foundation, named after the late real estate mogul and philanthropist, has been the school's largest donor since it was renamed in 2007 after a $50 million gift.

Dean Alexander Triantis described the donation as a vote of confidence in the school's trajectory. "This investment allows us to double down on creating hands-on experiences for students who want to build businesses," he said in a statement. The school plans to use part of the funds to create a dedicated entrepreneurship hub on its Harbor East campus.

The latest contribution comes as business schools across the country compete to attract students interested in startup culture. The Carey School has seen enrollment grow steadily in recent years, particularly in its MBA and master's programs.