Phillips, John, Lld
Phillips, John, LL.D.
an American philanthropist of some note, was born in Andover, Massachusetts, December 27, 1719; was educated at Harvard College (class of 1735); and having preached for some time, at length engaged in mercantile pursuits, and was for several years a member of the Council of New Hampshire. In 1778 he and his brother, Samuel Phillips, of Andover, founded and liberally endowed the academy in that town, which was incorporated in 1780. In 1789 he further gave to this institution $20,000. The academy called Phillips Exeter Academy, of which he was the sole founder, was incorporated in 1781, with a fund which was eventually increased to $134,000. He endowed a professorship in Dartmouth College, and he contributed liberally to Princeton College. He died in April 1795, bequeathing to his academy two thirds of all his estate, and one third of 'the residue to the seminary at Andover, particularly for the benefit of pious youth.