Published: August 11, 2015
Wharton Prize for Organizations Working for Social Change Doubles
This year’s winners of the Barry & Marie Lipman Family Prize at the University of Pennsylvania’s Wharton School will get double the money to work toward social change thanks to significant new investment poured in by the prize founders, the school announced earlier this month. The Lipman Family Prize was established in 2011 by Wharton School undergrad alum Barry Lipman (W ’70) and his wife, Marie, to celebrate organizations that champion social impact. The Lipmans recently doubled their investment, with prize money doubling as a result—to $250,000 in unrestricted funds for this year’s winning organization and $25,000 for each finalist.
The Lipmans were motivated to increase their support this year by what winning organizations from the past several years have achieved as a result of the prize. “Previous winners of the Lipman Family Prize have shown how well they leverage unrestricted funds and expert advice to unleash their full potential,” Lipman said in a statement. “Seeing the huge difference innovative organizations can make when they have the resources they need is a better return on investment than I ever imagined.”
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