The Chapel was used for the first time for Commencement.  The largest graduating class to date, 176 students, received their degrees.  President Taylor announced that total raised in a year-long campaign for the endowment fund amounted to $171,834.  As John D. Rockefeller had offered to match any amount up to $200,000, the endowment fund now stood at $343,668. 

Additional subscriptions brought the final amount raised by the end of January, 1905, to $175,000, which Rockefeller matched.     The New York Times