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$1 Million from Wharton Alumnus John Patience for Fellowship
January 16, 2007, Volume 53, No. 18

John Patience

The Wharton School announced a $1 million gift from alumnus John Patience, to establish the John Patience Endowed Fellowship Fund. Mr. Patience is co-founder and general partner at Crabtree Partners LLC located in Lake Forest, Ill.

“We are delighted to have John’s name on this Wharton fellowship,” said Wharton School Dean Patrick T. Harker.  “His generosity in supporting deserving MBA students will inspire others to follow his example, and students who receive the fellowship in years to come will know that a Wharton alumnus of great character and achievement provided for their educations.”

The John Patience Endowed Fellowship Fund is awarded each academic year, providing financial aid to an MBA student at the Wharton School. As an endowed fund, it will exist in perpetuity. 

“My Wharton education changed my life,” said Mr. Patience. “It provided me with the skills I needed for a successful career in consulting and then private equity. I am delighted to be able to provide a similar opportunity to future MBA students.”

Mr. Patience is a 1973 graduate of the Wharton School, where he received his MBA in finance. He currently serves as general partner at Crabtree Partners LLC, a private investment partnership that he co-founded in 1995. Mr. Patience is married with four children, and his son, John, received his MBA from Wharton in the spring of 2006.

Almanac - January 16, 2007, Volume 53, No. 18