Pratt Institute is a private university with its main campus in Brooklyn, New York. It has a satellite campus in Manhattan and an extension campus in Utica, New York at the Munson-Williams-Proctor Arts Institute. The school was founded in 1887 with programs primarily in engineering, architecture, and fine arts. Comprising six schools, the institute is primarily known for its programs in architecture, graphic design, interior design, and industrial design.
Pratt Institute was founded in 1887 by American industrialist Charles Pratt, who was a successful businessman and oil tycoon and was one of the wealthiest men in the history of Brooklyn. Pratt was an early pioneer of the oil industry in the United States and was the founder of Astral Oil Works based in the Greenpoint section of Brooklyn which was a leader in replacing whale oil with petroleum or natural oil. In 1867, Pratt established Charles Pratt and Company. In 1874, Pratt's companies amalgamated with John D. Rockefeller's companies and became part of the Standard Oil trust where Pratt continued his active involvement on the board and the running of it.
Pratt, an advocate of education, wanted to provide the opportunity for working men and women to better their lives through education. Even though Pratt never had the opportunity to go to college himself, he wanted to create an affordable college accessible to the working class. In 1884, Pratt began purchasing parcels of land in his affluent home town of Clinton Hill with the intention of opening a school. The school would end up being built only two blocks from Charles Pratt's residence on Clinton Avenue.
From his fortunes with Astral Oil and Charles Pratt and Company, in 1886 he endowed and founded Pratt Institute. In May 1887, the New York State Legislature granted Charles Pratt a charter to open the school; on October 17, 1887, the institute opened to 12 students in the Main Hall. Tuition was $4 per class per term (approximately ). The college was one of the first in the country open to all people, regardless of class, color, and gender.