The Boston Theological Institute was absorbed into Boston University in 1871 as the BU School of Theology.
In January 1872 Isaac Rich died, leaving the vast bulk of his estate to a trust that would go to Boston University after ten years of growth while the University was organized.
BU athletic teams compete in the Patriot League, and Hockey East conferences, and their mascot is Rhett the Boston Terrier.
The main campus is situated along the Charles River in Boston's Fenway-Kenmore and Allston neighborhoods, while the Boston University Medical Campus is in Boston's South End neighborhood.
BU is categorized as an RU/VH Research University (very high research activity) in the Carnegie Classification of Institutions of Higher Education. The university counts seven Nobel Laureates, twenty-three Pulitzer Prize winners, nine Academy Award winners, and several Emmy and Tony Award winners among its faculty and alumni.
Boston University traces its roots to the establishment of the Newbury Biblical Institute in Newbury, Vermont in 1839, and was chartered with the name "Boston University" by the Massachusetts Legislature in 1869.
The University organized formal Centennial observances both in 19.
Lee Claflin's son, William, was then Governor of Massachusetts and signed the University Charter on May 26, 1869 after it was passed by the Legislature. on account of the religious opinions he may entertain; provided, nonetheless, that this section shall not apply to the theological department of said University.
As reported by Kathleen Kilgore in her book, "Transformations, A History of Boston University" (see Further Reading), the Founders directed the inclusion in the Charter of the following provision, unusual for its time: No instructor in said University shall ever be required by the Trustees to profess any particular religious opinions as a test of office, and no student shall be refused admission . Every department of the new university was also open to all on an equal footing regardless of sex, race, or (with the exception of the School of Theology) religion.
The institute moved in 1867 to 23 Pinkney Street in Boston and received a Massachusetts Charter as the "Boston Theological Institute." In 1869, three Trustees of the Boston Theological Institute obtained from the Massachusetts Legislature a charter for a university by name of "Boston University." These three were successful Boston businessmen and Methodist laymen, with a history of involvement in educational enterprises and became the Founders of Boston University.
They were Isaac Rich (1801–1872), Lee Claflin (1791–1871), and Jacob Sleeper (1802–1889), for whom Boston University's three West Campus dormitories are named.
One stipulation of the invitation was that the Institute remain in Concord for at least 20 years.
The charter issued by New Hampshire designated the school the "Methodist General Biblical Institute", but it was commonly called the "Concord Biblical Institute." With the agreed twenty years coming to a close, the Trustees of the Concord Biblical Institute purchased 30 acres (120,000 m) on Aspinwall Hill in Brookline, Massachusetts, as a possible relocation site.
In 1847, the Congregational Society in Concord, New Hampshire, invited the Institute to relocate to Concord and offered a disused Congregational church building with a capacity of 1200 people.