1796 AD endowed
In 1796, George Washington endowed the academy with $20,000 in James River Canal stock, at the time one of the largest gifts ever given to an educational institution in the United States.[6] Washington's gift continues to provide nearly $1.87 a year toward every student's tuition. The gift rescued Liberty Hall from near-certain insolvency.
In gratitude, the trustees changed the school's name to Washington Academy; in 1813 it was chartered as Washington College.
An 8-foot-tall (2.4 m) statue of George Washington, carved by Matthew Kahle and known as Old George, was placed atop Washington Hall on the historic Colonnade in 1844 in memory of Washington's gift.
Lexington, VA
Lattitude: 37.7838° N
Longitude: 79.4427° W
Region: North America
Modern Day United States
Lattitude: 37.7838° N
Longitude: 79.4427° W
Region: North America
Modern Day United States
Subjects Who or What endowed?
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George Washington First president of the U...
Objects To Whom or What was endowed?
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Washington and Lee University Private liberal arts uni...
Events in 1796 MORE
