Johns Hopkins University
On his death in 1873, Johns Hopkins, a Quaker entrepreneur and childless bachelor, bequeathed $7 million (approximately $140,000,000 today adjusted for consumer price inflation) to fund a hospital and university in Baltimore, Maryland. At that time this fortune, generated primarily from the Baltimore and Ohio Railroad, was the largest philanthropic gift in the history of the United States. The first name of philanthropist Johns Hopkins is the surname of his great-grandmother, Margaret Johns, who married Gerard Hopkins. They named their son Johns Hopkins, who named his own son Samuel Hopkins. Samuel named one of his sons after his father and that son would be the university's benefactor. Milton Eisenhower, a former university president, once spoke at a convention in Pittsburgh where the Master of Ceremonies introduced him as "President of John Hopkins." Eisenhower retorted that he was "glad to be here in Pittburgh." The original board opted for an ent
