The University of Pennsylvania has officially announced a groundbreaking $5 million gift from Scott Wieler, an alumnus who graduated in 1990, to create the nation’s first endowed professorship dedicated to the study and practice of philanthropy. Scott Wieler, who serves as the CEO of Insight Financial Services and is a long-standing supporter of Penn, expressed his commitment to advance the understanding of philanthropy through academic excellence. “We have a collective responsibility to explore the science of giving and the profound impact it has on society,” said Wieler. This innovative professorship, to be named the Scott Wieler Professorship in Philanthropy, will aim to educate future leaders on effective charitable practices and foster a new generation of philanthropic scholars at Penn. The announcement comes at a time when the importance of philanthropy in addressing societal challenges has become increasingly evident. The Center for Social Impact Strategy at the University of Pennsylvania was highlighted as a key partner in implementing this initiative. The provost of Penn, Wendell Pritchett, expressed gratitude, stating, “This generous gift from Scott will not only enrich our academic community but will also empower our students to become impactful leaders in philanthropy.” The professorship is expected to attract distinguished faculty and engage a broad audience through public lectures, workshops, and scholarly research. In a time when philanthropy intersects with various societal issues, this initiative promises to enhance academic inquiry and practice around charitable giving across disciplines.