Johns Hopkins bequest (1873)
Baltimore merchant Johns Hopkins left $7 million at his death to establish a university, hospital, and medical school. The hospital opened in 1889 and the school in 1893.
The bequest created one of the first U.S. research universities and a model for academic medicine.
Johns Hopkins became a template for tying medical training to research and hospital care.
The Dell gift follows the same basic mechanism: private wealth anchoring a city's medical research and care institutions.
