Old Baltimore family vows investment in city's future
April 24th, 2008
After receiving a ceremonial key to the city from Mayor Sheila Dixon, Carey said in an interview that he intends to leave the bulk of his estate to a foundation bearing his name, which has focused in large part on Baltimore schools. A private man, Carey prefers not to discuss his personal wealth, but he owns about 30 percent of the W.P. Carey & Co. investment firm, which has a market value of roughly $1.2 billion.
A sizable bequest, therefore, would propel the W.P. Carey Foundation, which now has about $20 million in assets, into the top ranks of grant-making associations focused on the city. In recent years, Carey and his foundation have given about $65 million to area institutions, including the Gilman School, the Calvert School, the Bryn Mawr School, the Baltimore School for the Arts, the Maryland Historical Society and the Johns Hopkins University, where Carey was a trustee.
“Our goal … is to continue the revitalization of the economy in Baltimore … and return it to the leadership position it had in 1797,” the year James Carey was elected to the City Council, William Carey told the mayor yesterday. “And it’s moving in that direction.”
The soft-spoken banker, who is unmarried and has no children, was flanked by about 20 relatives and trustees of his foundation, representing three generations of Careys. Most have never lived in Baltimore but say their personal and philanthropic commitment to the city has been handed down through generations.
“There was always a sense of pride about the history of the family in Baltimore,” said Elizabeth P. Carey of Pennsylvania, William Carey’s niece and a foundation director. “It’s sort of a hard family to live up to sometimes, because they have achieved so much.”
Born in 1751, James Carey established a successful shipping business in Baltimore’s port after the Revolutionary War. He married Martha Ellicott, the granddaughter of Ellicott City’s founder, converted to her Quaker faith and helped found the Baltimore Abolition Society, one of the country’s first anti-slavery movements.
Tags: president, unmarried
April 24th, 2008 at 8:49 pm
Now I want to go because everyone is so vague about why it’s such a horrible place, other than bad cops, but that seems to be the standard these days.
April 24th, 2008 at 9:39 pm
How to put this delicatly? are you of dark skin?
April 24th, 2008 at 10:30 pm
I’ve never been arrested or charged with any crime. I’m a pretty boring middle class person.In the 10 or so encounters with police I’ve had in my life (these include traffic stops, casual encounters in businesses, where they were customers like me, and so forth), 8 of them have been unpleasant and silly.There is always someone who steps up every time a cop does something corrupt, rude, or stupid, defending “most cops” as being professional, upstanding people.This has not been my experience. I have had two positive encounters with police, and probably about 8 bad (or around that), in 4 different states.It’s not that I think we don’t need police. It’s that we need police who are, if not friendly, at least staid and businesslike, when it comes to dumb infractions like speeding. I don’t argue with police or give them a hard time. It shocks me the way belligerence leads off a conservation or encounter. Even in the cases where I was speeding, they were never for more than doing 10 MPH over the speed limit.I was detained in a public park’s parking lot, which was open, for standing in the middle of it and looking at stars, for about 30 minutes, while the cop accused me, in his words, of “maybe being one of America’s most wanted.” He seemed annoyed that I had no criminal record. Despite the park being open, campers present, and no hours of operation posted, he felt that standing in the middle of a parking lot looking up was suspicious behavior (there were no other cars in the lot, either - all were at the campsites, so the idea that I was trying to jack cars doesn’t figure into this).This is emblematic of the kind of shit I’m used to when dealing with cops.In another instance, I was driving on a minor road in the middle of the California desert in the middle of the night (Kelbaker road, through the Mojave preserve). Animals were darting across the road so I had my brights on. Now I am particularly sensitive to oncoming cars who keep their brights on, so this is something I am pretty diligent about.For 45 minutes, I encountered not a single car, and I did forget I had them on - something atypical, but it was the middle of the night in the middle of the desert.A cop passed, made a U-turn, pulled me over, and the guy started threatening me. “Uh, you had your brights on” would have been fine. Frankly, pulling over anyone for that on a long, deserted ghost road in the middle of the desert seems anal retentive.When the cop got huffy, I started smiling, thinking he was joking with me - the attitude made no sense at all. Instead he starts screaming and lecturing me.This is typical of my experiences.In the end he didn’t write me a ticket, so I guess he got what he wanted out of the situation.I don’t expect cops to be friendly or pleasant, but for god’s sake, be professional.I won’t even go into the number of times I’ve been stopped at night for walking on public sidewalks. “It’s late and someone is walking, omg he must be a CRIMMINUL!”I have short hair, dress conservatively, and am not even all that young. I don’t get it. Never been arrested, ever. Have no points on my license. Pay my taxes. Work. Don’t expect this kind of crap from law enforcement.
April 24th, 2008 at 11:20 pm
Divide and conquer, bro.
April 25th, 2008 at 12:11 am
I don’t think $40 million is enough, they should have asked for $400 trillion.
April 25th, 2008 at 1:01 am
I don’t think you need to put that delicately, as I’m sure no one would take offense to the question in the context of this discussion.No, I’m white. White white white. Fairly conservative looking. In my 30s. I really don’t get it.
April 25th, 2008 at 1:52 am
I have never had a good experience with the police. As in an experience where the police arrested someone who I considered a danger to myself or someone I know.I have however been harassed over minor things at least a half dozen times. That just really doesn’t seem to be the way to build a public that wants to work for a safer society.
April 25th, 2008 at 2:43 am
ron paul wouldn’t taze you, bro.
April 25th, 2008 at 3:33 am
As someone who’s never been there, what are the other reasons?
April 25th, 2008 at 4:24 am
There are lots of reasons: the aquarium, umm…
April 25th, 2008 at 5:14 am
Obviously it’s hard to know all the details from a single article like this but if they can show that at least some of the harassment they suffered was indeed malicious, they might have a better chance of winning something than you might think.
April 25th, 2008 at 6:05 am
Ron Paul would let the states tase you.