Silliman University (also referred to as Silliman or SU) is a private research university in Dumaguete, Negros Oriental, Philippines. Established in 1901 as Silliman Institute by the Presbyterian Board of Foreign Missions, it is the first American university in the Philippines and the entire Asian continent. The university is named after Dr. Horace Brinsmade Silliman, a retired businessman and philanthropist from Cohoes, New York who gave the initial sum of $10,000 to start the school. Starting as an elementary school for boys, the school expanded to become a college in 1910, acquiring university status in 1938. For the first half of the 20th century, Silliman was run and operated by Americans. After the Second World War Filipinos began to assume more administrative positions, culminating in the appointment of Silliman's first Filipino president in 1952.