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WITH JACOBY SCHOLARSHIP, OPPORTUNITY KNOCKS FOR STUDENTS WITH BUSINESS INTEREST
Richard A. Jacoby W’61 L’64, a business entrepreneur who has played a role in the real estate and retail development of the Greater Philadelphia region, has established the Richard A. Jacoby Endowed Scholarship Fund so that future Penn Law graduates can follow in his footsteps. The scholarship will be awarded to an incoming student who shows exceptional talent and expresses an interest in entering the business field after his or her graduation from Penn Law. The scholarship is intended to help disadvantaged students, especially minorities.
“The doors into the business and law fields are beginning to open significantly for people from diverse backgrounds, and I wanted to do my part to help this process along,” says Jacoby.
Jacoby, who recalls his experience at the law school as “the most exhilarating educational experience” of his life, is pleased that his commitment to encouraging a cross-disciplinary education matches up well with the existing curriculum at Penn Law, where 11% of the members of the class of 2003 graduated with a Certificate in Business and Public Policy from Wharton. Established in 2001, this increasingly popular program supplements the J.D. curriculum with courses in business-related areas such as urban development, real estate, management, and health care.
After graduation, Jacoby practiced tax law for six years at Philadelphia-based Wolf, Block, Schorr & Solis-Cohen. He then became a principal at Kravco, a regional shopping center development company based in King of Prussia, Pa. Jacoby went on to form real estate development firm Trilogy Development Co., and served as its president until last year. Jacoby currently invests in start-up companies in the Delaware Valley area.