The Steinhardt School of Culture, Education, and Human Development is one of 16 divisions within New York University and is the oldest professional school of education in the United States. Founded in 1890 as the School of Pedagogy, New York University's Steinhardt School was the first professional school devoted to teacher education established at an American university. In 1910, the School established the first university chair in experimental education in the United States. From 1920 to 1930 the School saw an expansion in enrollment from 993 to over 9500 students. In 1930, the Education Building on Washington Square was opened and still serves as the School's home. The School was renamed the Steinhardt School of Education in 2001, honoring a $10 million donation -- the largest the school had ever received -- from Michael and Judy Steinhardt. Michael Steinhardt was a highly successful hedge-fund manager who is now retired. In March 2007 the school was renamed the Steinhardt School of Culture, Education, and Human Development, to reflect the diverse nature of its academic programs.