I athletics as a member of the Patriot League. As of 2024, its endowment was valued at over $1 billion.
== History ==
=== Founding ===
A group of Easton residents, led by James Madison Porter, son of General Andrew Porter of Norristown, Pennsylvania, met on December 27, 1824, at White's Tavern to discuss founding a college in town. The recent visit of General Lafayette to New York during his grand tour of the US in 1824 and 1825 prompted the founders to name the college after the renowned French military officer, a hero of the American Revolutionary War, as "a testimony of respect for [his] talents, virtues, and signal services... in the great cause of freedom".
The group established a 35-member board of trustees, a system of governance that continues at the college to the present. They selected Porter, lawyer Jacob Wagener, and Yale-educated lawyer Joel Jones to come up with an education plan. The charter gained state approval from the legislature and, on March 9, 1826, Pennsylvania Governor John Andrew …