Established in 1967, the Joel S. (Wharton 1956, Wharton M.B.A. 1957) and Sanford B. (Wharton 1960) Ehrenkranz Fund supports the acquisition of materials on taxation for the Lippincott Library at the Wharton School. Thanks to gifts over the years, approximately half of the acquisitions in this subject area are supported by the fund.

Beyond books, the fund now supports the acquisition of online tax and accounting databases, which are used intensively at Wharton. Generations of faculty and students have benefited from the generosity that established and continues to support this fund.