Dec 24, 2008

Johns Hopkins: His death and his philanthropy

(Wikipedia) - ... Johns Hopkins died without heirs on Christmas Eve, December 24, 1873. He left $7 million, mostly in Baltimore & Ohio Railroad stock, to establish his namesake institutions. This sum was the single largest philanthropic donation ever made to educational institutions up until that time.
The bequest was used to found posthumously the Johns Hopkins Colored Children Orphan Asylum first as he requested, in 1875, the Johns Hopkins University in 1876, the Johns Hopkins Press, the longest continuously operating academic press in America, in 1878, the Johns Hopkins Hospital and the Johns Hopkins School of Nursing in 1889, and the Johns Hopkins University School of Medicine in 1893. Continued