Wharton Alumni Magazine
Spring 2008
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Julie and Ken Moelis Give $5 Million to Wharton Sports Business initiative

In one of the largest contributions ever given to support research on the business of sports, alumni Julie Taffet Moelis, W’81, and Kenneth D. Moelis, W’81,WG’81, recently gave a $5-million gift to support the Wharton Sports Business Initiative (WSBI).

Led by Wharton professor Kenneth Shropshire, the WSBI is a research and executive education think tank that focuses on the sports industry through educational programs, corporate partnerships, student consulting assignments, global outreach, and research. WSBI also partners with Wharton Executive Education in running the NFL Business Management and Entrepreneurial Program, which assists NFL

players in preparing for their post-playing careers. One hundred and fourteen NFL players from teams across the nation recently participated in the program.

“Through their gift, the Moelis family will help us to take our research to the next level, which will enhance the School’s position as a global thought leader in this field,” Shropshire said.

The Moelis family has a strong legacy at Wharton. Ken currently serves on the School’s Board of Overseers and is chief executive officer of Moelis & Company, an investment bank he founded in July 2007. Ken’s father, Herb, W’53, and two siblings, Ron, W’78, and Cindy, W’83, also graduated from Wharton. Currently, the couple’s eldest sons, Jordan and Cory, attend the School. In 2002, Julie and Ken Moelis made a substantial contribution to support the construction of Jon M. Huntsman Hall. More recently, they established an endowed scholarship for Wharton undergraduates.

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