Robert Toll of Horsham-based Toll Brothers gives Penn Law $3M gift

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The company reported net income of $193.3 million, or $1.26 a share, in the third quarter, up from $148.6 million, or 87 cents, a year earlier. (MONTCO.today File Photo)

A 1966 graduate of University of Pennsylvania Law School, Robert Toll, executive chairman of Horsham-based Toll Brothers, and his wife donated $3M to start a new public service corp and expand a program for public interest scholars.

The new Toll Public Service Corps will be a cadre of students who aspire to become public interest lawyers. It will include an expanded number of Toll Public Interest Scholars, law students who upon admission to Penn Law receive full tuition scholarships, writes Jeff Blumenthal in the Philadelphia Business Journal.

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The gift will also fund new scholarships for second- and third-year students who plan to dedicate their careers to public service and establish Alumni Impact Awards, which will recognize Penn Law graduates for their exceptional work in the public interest. That will complement the existing Toll Loan Repayment and Assistance Program (TolLRAP) for alumni working in public interest and public service who are paying off student debt.

 “With these new and expanded programs, even more Penn Law graduates will have the opportunity to serve and advocate on behalf of those with the most need,” Robert Toll said in a statement.

To read the complete story click here.

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