Cardinal O'Hara to Goldman Sachs: McNultys give $15M to Wharton, Villanova
McNultys back leadership training
As Harold Brubaker notes in today's Inquirer: John McNulty was from Southwest Philly, son of Irish immigrants. Anne Welch grew up out in Springfield, Delco. They met as students at Cardinal O'Hara High School. Anne went on to be valedictorian at Villanova. John was class president at St. Joseph's University. They married, got their MBAs at Wharton, and joined Goldman Sachs, where they rose to Managing Directors.
Anne went on to help found JBK Partners. John made a pile heading the Special Investments Group during the 1990s boom years, and retired in 2001, setting up a New York foundation to start giving it away. He died, just 52, in 2005.
Wharton now says Anne Welsh McNulty has donated $10 million to what will now be known as the "Anne and John McNulty Leadership program." Villanova announced she gave an additional $5 million to set up a new Institute for Women's Leadership.
The McNultys had previously set up the John P. McNulty Scholars Program for Excellence in Science and Math at St. Joe's (and Hunter College in NYC). As well as the Aspen Institute's McNulty Prize for "young leaders who are solving some of the world's most intractable social and environmental challenges."