Two years after the closure of the original University of Chicago campus in Bronzeville (1857–1886), supporters succeeded in raising money for a new location. The new campus opened its doors in 1890, after the original legal entity of the university was renamed "The Old University of Chicago." Established by oil magnate John D. Rockefeller, prominent figures from the Bronzeville campus, and the American Baptist Education Society, the new campus was built upon the intellectual, social, and financial legacy of the original institution. William Rainey Harper became the President of the University of Chicago in 1891 and its first classes were held in 1892. It has been coeducational since its establishment.
