Oberlin College is a private liberal arts college in Oberlin, Ohio, noteworthy for having been the first American institution of higher learning to regularly admit female and black students. Connected to the college is the Oberlin Conservatory of Music, the oldest continuously operating conservatory in the country. The college's motto is "Learning and Labor." Oberlin is known for having more alumni who earn PhDs than any other liberal arts college in the nation. Oberlin is a member of the Great Lakes Colleges Association and the Five Colleges of Ohio consortium. Both the college and the town of Oberlin were founded in 1833 by a pair of Presbyterian ministers, John Jay Shipherd and Philo P. Stewart. The ministers named their project after Jean-Frédéric Oberlin, an Alsatian minister whom they both admired. Oberlin attained prominence because of the influence of its second president, the evangelist Charles Finney, after whom one of the College's chapels and performance spaces is named. Asa Mahan (1800–1889) served as Oberlin's first president from 1835–1850. The college was built on 500 acres (2 km²) of land specifically donated by the previous owner, who lived in Connecticut.