The University of Pennsylvania was founded by Benjamin Franklin in 1740. The school was originally called the Academy and Charitable School of Philadelphia.
Franklin’s goal for the University of Pennsylvania was that it would become “a nursery of learning and piety.” This goal has been achieved in many ways throughout its history.
The school was renamed the College and Academy of Philadelphia in 1755, but it wasn’t until 1779 that the school officially became known as the University of Pennsylvania.
The university’s founder, Benjamin Franklin, served as its president from 1751-1757 and again in 1765-1766 before leaving to become ambassador to France during the American Revolution (1776-1789).
Franklin returned to the post of president from 1785-1788 and again from 1790-1791, but he retired from the position due to failing health. James Madison served as his replacement on an interim basis for six months before returning to Virginia following his term as U.S. President (1809-1817).
Penn is consistently ranked among the top universities in the United States and the world (currently ranked No. 10 worldwide), with many of its graduates going on to become leaders in business, politics, law, arts and science over their careers. Notable alumni include eight billionaire graduates; five U.S. presidents (including four living ones); 24 Nobel Laureates (including six living ones); three Turing Award winners; two Fields Medalists; one Pulitzer Prize winner; 18 Rhodes Scholars; 12 Olympic medalists etc.
