Gift from William L. and Phyllis Mack Establishes the Mack Institute for Innovation Management

William L. Mack, W'61
William L. Mack, W’61

The Mack Institute and the Wharton School are pleased to announce a major gift from William L. and Phyllis Mack to permanently endow the Mack Institute for Innovation Management.

William L. Mack, W’61, is Chair of the Wharton Board of Overseers, and Chairman of the Board of Directors of Mack-Cali Realty Corporation, and was the Founder and Chairman of AREA Property Partners.

The Mack Institute builds upon the many successful contributions to industry and academia of the William and Phyllis Mack Center for Technological Innovation, established by the Macks in 2001.

The Institute will offer expanded programs for students; enhance the University’s capability to commercialize Penn-owned innovations through initiatives such as the annual Y-Prize student competition; increase opportunities to conduct and disseminate cutting-edge research; foster intercollegiate cooperation and collaboration; and advance a broad range of outreach initiatives to focus attention on innovation management.

Read the full press release here.