Harvard University (officially The President and Fellows of Harvard College) is a private university located in Cambridge, Massachusetts, and a member of the Ivy League. Established in 1636 by the colonial Massachusetts legislature, Harvard is the first corporation chartered in the United States and oldest institution of higher learning in the United States.
The university currently comprises ten separate academic units. Harvard has the largest financial endowment of any school in the world, standing at $26 billion as of September 2009. Harvard is consistently ranked as a leading academic institution in the world by numerous media and academic rankings.