Yale University is an American private Ivy League research university in New Haven, Connecticut. Founded in 1701 in Saybrook Colony to train Congregationalist ministers, it is the third-oldest institution of education in the United States. The Collegiate School moved to New Haven in 1716, and shortly after was renamed Yale College in recognition of a gift from British East India Company governor Elihu Yale. Originally restricted to theology and sacred languages, the curriculum began to incorporate humanities and sciences by the time of the American Revolution. In the 19th century the school introduced graduate and professional instruction, awarding the first Ph. D. in the United States in 1861 and organizing as a university in 1887. Yale is organized into fourteen constituent schools, the undergraduate college, the Yale Graduate School of Arts and Sciences. While the university is governed by the Yale Corporation, each schools faculty oversees its curriculum, the universitys assets include an endowment valued at $25.4 billion as of June 2016, the second largest of any U. S. educational institution. The Yale University Library, serving all constituent schools, holds more than 15 million volumes and is the third-largest academic library in the United States, Yale College undergraduates follow a liberal arts curriculum with departmental majors and are organized into a social system of residential colleges. Almost all faculty teach courses, more than 2,000 of which are offered annually. Students compete intercollegiately as the Yale Bulldogs in the NCAA Division I – Ivy League, Yale has graduated many notable alumni, including five U. S. Presidents,19 U. S. Supreme Court Justices,20 living billionaires, and many heads of state. In addition, Yale has graduated hundreds of members of Congress,57 Nobel laureates,5 Fields Medalists,247 Rhodes Scholars, and 119 Marshall Scholars have been affiliated with the University. Yale traces its beginnings to An Act for Liberty to Erect a Collegiate School, passed by the General Court of the Colony of Connecticut on October 9,1701, the Act was an effort to create an institution to train ministers and lay leadership for Connecticut. Soon thereafter, a group of ten Congregationalist ministers, Samuel Andrew, Thomas Buckingham, Israel Chauncy, Samuel Mather, the group, led by James Pierpont, is now known as The Founders. Originally known as the Collegiate School, the institution opened in the home of its first rector, Abraham Pierson, the school moved to Saybrook, and then Wethersfield. In 1716 the college moved to New Haven, Connecticut, the feud caused the Mathers to champion the success of the Collegiate School in the hope that it would maintain the Puritan religious orthodoxy in a way that Harvard had not. Cotton Mather suggested that the school change its name to Yale College, meanwhile, a Harvard graduate working in England convinced some 180 prominent intellectuals that they should donate books to Yale. The 1714 shipment of 500 books represented the best of modern English literature, science, philosophy and it had a profound effect on intellectuals at Yale. Undergraduate Jonathan Edwards discovered John Lockes works and developed his original theology known as the new divinity
Charter creating Collegiate School, which became Yale College, October 9, 1701
A Front View of Yale-College and the College Chapel, Daniel Bowen, 1786.
Coat of arms of the family of Elihu Yale, after whom the University was named in 1718
First diploma awarded by Yale College, granted to Nathaniel Chauncey, 1702.