Robert (Bob) F. Carroll, a former lecturer in the Wharton School’s department of finance, passed away on August 2. He was 93. 

Mr. Carroll was born in Dunmore, Pennsylvania in 1928. Some years later, his family moved to Yeadon, Pennsylvania, and Mr. Carroll went to high school at St. Joseph’s Preparatory School in Philadelphia. Mr. Carroll was a generous alumnus long after leaving St. Joseph’s Prep, serving on the school’s board of directors and making several important donations. After graduating, Mr. Carroll attended the Wharton School, graduating with a degree in finance in 1951.  While at Penn, he was a member of the Kappa Sigma fraternity.

After graduating from Wharton, Mr. Carroll worked as a real estate appraiser and an associate broker. In 1965, he opened his own realty brokerage firm, Robert F. Carroll Co., specializing in commercial and industrial real estate. He became a member of the Philadelphia Chapter of the Society of Industrial and Office Realtors and was elected its president in 1973. In 1964, he was hired as an instructor in Wharton’s department of finance, teaching evening classes. Until leaving Wharton in 1992, he taught real estate finance to graduate students and undergraduates.

Outside of business and academic pursuits, Mr. Carroll served on the Board of Trustees of the Academy of the Sacred Heart (now Sacred Heart Academy) and spearheaded its relocation from Philadelphia to Bryn Mawr, Pennsylvania. Later in his career, Mr. Carroll had leadership roles at Philadelphia corporations Cushman & Wakefield and Jackson-Cross Co.

Mr. Carroll is survived by his wife, Helen Devlin; his daughters, Christina Carroll and Denise Carroll Chaplin; his sister, Mary Furtaw; and three grandchildren. A memorial service was held on August 10. In lieu of flowers, donations may be made in Mr. Carroll’s memory to St. Joseph’s Preparatory School, 1733 W. Girard Avenue, Philadelphia, PA 19130, or at www.sjprep.org.