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COMMUNITY SUPPORT

The W. P. Carey Foundation community support ranges widely and includes hospitals, cultural institutions, and organizations rooted in geographic areas significant to our founder. The Foundation regularly partners with W. P. Carey Inc. and its employees to continue its collective mission of Doing Good While Doing Well®.

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NewYork-Presbyterian Hospital

The W. P. Carey Foundation has contributed to NewYork-Presbyterian through three significant donations. These include funding for the W. P. Carey Emergency Unit, two advanced Mobile Stroke Treatment Units and the W. P. Carey Residency Program.

W. P. Carey Inc.

Wm. Polk Carey founded W. P. Carey Inc. in 1973, which has since grown into one of the largest net lease REITs with over 1,500 properties and offices in the U.S. and Europe. In 1990, Mr. Carey established the W. P. Carey Foundation to promote his philosophy of Doing Good While Doing Well®. Today, the Foundation continues his legacy through various initiatives, including supporting W. P. Carey Inc.’s charitable efforts. Through Carey Forward, the company's year-round employee volunteer program, the Foundation matches charitable contributions made by employees and board members. Its annual Carey the Torch program recognizes employees making a positive impact in their communities by awarding donations to their supported charities. Additionally, the Foundation sponsors a team of employees to run the New York City Marathon in support of NewYork-Presbyterian Hospital.

Philadelphia Zoo

In 2024, the W. P. Carey Foundation gifted $5 million to the Philadelphia Zoo to transform its “Bear Country” exhibit in honor of the Foundation's former chairman, Francis J. Carey, known to his family as "G-Bear." The gift will be used to expand the habitat and provide enriching multigenerational learning experiences for visitors.

Maryland Center for History & Culture

In 2007, the W. P. Carey Foundation endowed the Carey Center for Maryland Life to highlight Carey ancestors’ contributions to the civic, legal and economic life of the state dating back to the 18th century. The Maryland Center for History & Culture, founded in Baltimore in 1844, is the state’s oldest continuously operating cultural institution and features an extensive library and education program.