In November 2019, Penn Law received a $125 million donation from the W.P. Carey Foundation, the largest single donation to any law school to date; the school was renamed University of Pennsylvania Carey Law School, in honor of the foundation's first president, Penn Law alumnus Francis J. Carey (1926-2014), who was the brother of William Polk Carey (1930 - 2012), founder of the W. P. Carey Inc. REIT, and of the charitable foundation. The change was met by some controversy, and a petition to quash the abbreviated "Carey Law", in favor of the traditional "Penn Law", was circulated and it was agreed that the official short form name for next few years could remain "Penn Law" and/or "Penn Carey Law".