stands just east of Burwash Hall on Charles St. and is west of St. Michael's College's Loretto College. Before Rowell Jackman Hall was built, the site was home to a parking lot and the historic Stephenson House. Stephenson House was a community involvement residence at Victoria University from 1939–2010, but has since become defunct. The House hosted ten undergraduate students per year, self-governed and self-regulating with a separate application and selection process. It last functioned as a residence in the 2009–2010 academic year. Academics and organization Victoria University is governed bicamerally by the Victoria University Board of Regents and the Victoria University Senate. These bodies are represented by faculty, administrators, elected students and alumni. The colleges are governed by the Victoria College Council and Emmanuel College Council. College councils are represented by faculty, administrators and elected and appointed students. Victoria's governing charter was most recently amended in 1981, with the enactment of the Victoria University Act. Victoria is presently the wealthiest college at the University of Toronto by net assets. In part this has been because of alumni donations, but much of the growth is specifically due to the rapidly increasing value of Victoria's large real estate holdings in downtown Toronto. Today, the college has a securities portfolio worth approximately $78 million and a real estate portfolio worth $80 million. The E.J. Pratt Library is the main library in the Victoria University Library system, which operates under the wider University of Toronto Libraries system. The collection of approximately 250,000 volumes is geared towards the undergraduate programs at Vic and contains mainly humanities texts with a focus on History, English, Philosophy. The library also hosts rich archival special collections from notable alumni and faculty, historical figures, specific literary collections and Canadiana. The library also oversees Victoria University's institutional archives. The Centre for Reformation and Renaissance Studies and its respective library collection is located within the E.J. Pratt Library. Its holdings fall into three main categories: rare books, most of which were printed before 1700 (currently about 4,000 titles), modern books and microforms (several thousand microfiches and reels). The library contains primary and secondary materials relating to virtually every aspect of the Renaissance and Reformation. In particular, it houses the Erasmus collection, one of the richest resources in North America for the study of works written or edited by the great Dutch humanist Desiderius Erasmus of Rotterdam. The collection holds a substantial