Golden Gate University (informally referred to as GGU, or simply as Golden Gate) is a private, nonsectarian, coeducational university formed in 1901 and located in the South of Market district, immediately south of the Financial District of downtown San Francisco, California. Golden Gate University is primarily a post-graduate institution focused on professional training in law and business, with its smaller undergraduate programs linked to its larger graduate and professional schools which include a law school (Golden Gate University School of Law), a business school (Ageno School of Business) and separate schools for the study of taxation and accounting. It has no residential students, being entirely a "commuter school" located in the heart of the business district of San Francisco with a major student demographic being returning students and working professionals. Golden Gate University is a public-benefit, not-for-profit institution. The university evolved out of the literary reading groups of the San Francisco Central YMCA at a time when, according to one contemporary estimate only one of every two thousand men had a college education.