Yale University is a private Ivy League research university in New Haven, Connecticut, founded in 1701 in the Colony of Connecticut. The university is the third-oldest institution of higher education in the United States. Originally chartered as the "Collegiate School," the institution was established by Congregationalist ministers who envisaged a college to train clergy and political leaders for the colony. In 1718, the College was renamed "Yale College" in recognition of a gift from Elihu Yale, a governor of the British East India Company. Beginning in 1777 with Ezra Stiles, the school's curriculum began to incorporate humanities and sciences. During the 19th century Yale gradually established 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 twelve constituent schools: an undergraduate college, the Graduate School of Arts & Sciences, and ten professional schools. While the university is governed by the Yale Corporation, each school's faculty oversees its curriculum and degree programs.