Both alumni of The Wharton School at the University of Pennsylvania, Diane and Marc Spilker have provided grants through the Diane & Marc Spilker Foundation to the University of Pennsylvania and the University of Pennsylvania’s Scholarship Fund. Along with Apollo Global Management co-founder Marc Rowan, a fellow Penn alum, the foundation also helped to establish The Penn Wharton Public Policy Initiative (Penn Wharton PPI) in 2012. The Penn Wharton PPI is a hub for public policy research and education with one overarching goal across its Philadelphia and Washington, DC offices: to leverage the University’s resources to foster better-informed policymaking on issues related to business and the economy. Marc Spilker currently serves on the board of Penn Wharton PPI.

Another educational institution the Diane & Marc Spilker Foundation has supported is The Hewitt School, an independent K-12 girls’ school. Diane Spilker has served on The Hewitt School’s board of trustees for the last ten years, and also has served as a member of the executive committee and chair of the capital campaign. In addition, The Diane & Marc Spilker Foundation has also provided funding to Harlem Village Academies, the Gateway Schools, Student Sponsor Partners, Harlem RBI, Say Yes to Education, and American International Education Foundation (AIEF).