McGill University was founded in 1811 when Scottish-born fur trader and philanthropist James McGill made a gift of 50,000 British pounds, constituting the founding of the university. Established as a liberal Arts college with two faculties, Applied Arts and Medicine, it grew rapidly in the early 19th century, at one point housing the largest student population of any Canadian university. During this period, McGill also built iconic structures that remain in use today, such as the Arts Building, Medical Faculty Building, and Principal's Residence. In 1843, the university awarded its first degrees, awarding six to women, making McGill the first Canadian university to do so. By 1913, the university was well established with five faculties, including the Faculty of Law and the JD (Juris Doctor) program. In total, McGill had awarded 50 baccalaureates and eight Doctor of Law degrees. That same year, McGill celebrated its centennial with a visit from the Prince of Wales, who recognized the university's pioneering role in the nation's higher education system.