June 8, 1904

The Chapel was used for the first time for Commencement. The largest graduating class to date, 176 students, received their degrees. President Taylor announced that total raised in a year-long campaign for the endowment fund amounted to $171,834. As John D. Rockefeller had offered to match any amount up to $200,000, the endowment fund now stood at $343,668.

Additional subscriptions brought the final amount raised by the end of January, 1905, to $175,000, which Rockefeller matched.

The New York Times