University of Chicago

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The University of Chicago was founded in 1890 by the American Baptist Education Society and oil magnate John D. Rockefeller, who later described the University of Chicago as “the best investment I ever made.” The land for the new university, in the recently annexed suburb of Hyde Park, was donated by Marshall Field, owner of the Chicago department store that bears his name.

Although the University was established by Baptists, it was non-denominational from the start. It also welcomed women and minority students at a time when many universities did not.