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Charles L. Hutchinson
Charles Lawrence Hutchinson was a prominent Chicago business leader and philanthropist who is best remembered today as the founding and long-time president of the Art Institute of Chicago.
== Background ==
Hutchinson was born in Lynn, Massachusetts in 1854 to Benjamin P. Hutchinson (1828-1899) and Sarah (née Ingalls) Hutchinson, and relocated with his family to Chicago in 1856 after a brief stay in Milwaukee. In Chicago Benjamin Hutchinson founded Chicago Packing & Provision Co., which for many years was the leading meat processor in the United States. In 1863 he became one of the first directors of the First National Bank of Chicago and in 1881 founded the Corn Exchange Bank (with subsequent mergers and acquisitions now Bank of America) and as a member of the Chicago Board of Trade was known as one of the city’s wealthiest and most colorful speculators. Charles graduated from the Chicago public schools in 1878, and although he never attended college was a founding trustee and the first treasurer of the University of Chicago, positions he held until his death.
Because of his contributions to the world of philanthropy, art and education he was twice awarded honorary degrees by what is today Tufts University, the first one a being a Master of Arts in 1901, and the second one an LL.D in 1920. Hutchinson was also the recipient of an honorary Master of Arts degree by Harvard University in 1915.
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