- April 5 -

Elihu Yale's Birthday

Elihu Yale (April 5, 1649 – July 8, 1721) was a British merchant and philanthropist, Governor of the East India Company settlement in Bengal, at Calcutta and Chennai and a benefactor of the Collegiate School of Connecticut, which in 1718 was renamed Yale College in his honor. 
 Although...

Elihu Yale's Birthday

Elihu Yale (April 5, 1649 – July 8, 1721) was a British merchant and philanthropist, Governor of the East India Company settlement in Bengal, at Calcutta and Chennai and a benefactor of the Collegiate School of Connecticut, which in 1718 was renamed Yale College in his honor.

Although born in Massachusetts, Yale was taken to England by his family at the age of three, and he never returned to America. He was educated at a private school in London.

In 1671 Yale began working for the East India Company and arrived the following year in Madras. From a fairly low-ranking position he worked his way up by 1687 to become governor of Fort Saint George, the East India Company’s installation at Madras. Five years later the company removed him from office, charging him with self-aggrandizement at company expense. He was kept in Madras until 1699 and forced to pay a fine, but Yale was still able to take a sizable fortune with him to England. In London he entered the diamond trade, but he devoted a good deal of his time and money to philanthropy.

Yale made his first gift (a donation of 32 books) to the institution in 1713, when it was known as the Collegiate School at Saybrook. Later, in 1718, Cotton Mather wrote to Yale, hinting broadly that the Saybrook school—which had recently moved to New Haven—could be renamed in Yale’s honour in gratitude for another sizable gift. Yale responded with a gift of more books, a portrait of George I, and a variety of textiles from the East Indies. The gifts were sold in Boston for some L800, and the money was used to construct a building called Yale College in New Haven. By its charter of 1745, the entire institution was named Yale University. Yale was buried at Wrexham in North Wales. On April 5, 1999, the university recognized the 350th anniversary of his birthday.

Source:
http://en.wikipedia.org/wiki/Elihu_Yale
http://www.britannica.com/EBchecked/topic/651366/Elihu-Yale

Categories:

More holidays on this day:

Go For Broke Day

You may also like...

Interesting events from Science category.

Space Shuttle Challenger disaster

The Space Shuttle Challenger disaster occurred on January 28, 1986, when Space Shuttle Challenger (mission STS-51-L) broke apart 73 seconds into its flight, leading to the deaths of its seven crew members. The spacecraft disintegrated over the Atlantic Ocean, off the coast of central Florida at...

Galileo Galilei's Birthday

Galileo Galilei (15 February 1564 – 8 January 1642), was an Italian physicist, mathematician, astronomer, and philosopher who played a major role in the Scientific Revolution. His achievements include improvements to the telescope and consequent astronomical observations and support for...

Sofia Kovalevskaya Math Day

Today we are celebrate the life of Sofia Kovalevskaya and the contributions she made to mathmatics. This holiday is also a grant-making program of the Association for Women in Mathematics (AWM), funding workshops which encourage girls to explore mathematics. Sofia Vasilyevna...

Einstein’s Birth Anniversary

Albert Einstein (14 March 1879 – 18 April 1955) was a German-born theoretical physicist who developed the general theory of relativity, one of the two pillars of modern physics (alongside quantum mechanics). Albert Einstein’s birth in the German Empire city of Ulm. While...

World Creativity and Innovation Day

Today is the day to celebrate your creativity and new ideas! World Creativity and Innovation Day has been celebrated in over 46 countries since 2002. People in businesses, organizations, schools, and communities take part in this day to generate new ideas for a brighter future. Marci Segal,...

World Metrology Day

May 20 is World Metrology Day, commemorating the anniversary of the signing of the Metre Convention in 1875. World Metrology Day celebrates the signature by representatives of seventeen nations of the Metre Convention on 20 May 1875. The Convention set the framework for global collaboration...

Download KeepIn Calendar

Enjoy the interesting stories even on your phone or tablet