In response to the institute-wide decrease in enrollment and school-wide budget issues, closing the School of Engineering was thought of as being the only feasible option to keep the school's other programs afloat and to address the budget. Students in the Engineering program were transferred to Polytechnic Institute of New York University while tenured professors were relocated to the School of Architecture and the science and math departments in the School of Liberal Arts and Sciences. Revitalization and growth As a result of closing the costly School of Engineering, the school was able to get out of debt and on the track to financial success. Funds were allocated for campus-wide beautification projects and restoration and modernization of historic buildings, starting with Memorial Hall. Part of the beautification projects included adding the Pratt Institute Sculpture Park in 1999 where contemporary art sculptures are placed throughout the campus lawns and gardens, making it the largest contemporary sculpture park in New York City. Pratt also began a partnership with Munson-Williams-Proctor and Delaware College of Art and Design for art students to study for two years at either campus and finish their degrees at Pratt's School of Art and Design in Brooklyn. During the 1990s the school was able to increase enrollment by twenty-five percent, from approximately 3,000 students in 1990 to 4,000 students in 2000. Vincent A. Stabile, a 1940 graduate of the School of Engineering, donated about $13 million to Pratt, the largest donation made by any alumnus in the college's history, with the request to President Schutte that the donation be used to reopen the School of Engineering. President Schutte rejected Mr. Stabile's request but instead allocated the funds to construct a new residence hall named in the donor's honor. From the mid-1980s to the 2000s Pratt experienced the transition from being mainly a commuter school to become a residential school through the construction of new residence halls Cannoneer Court, Pantas Hall, and Stabile Hall. Presidents Charles Pratt (1830–1891), president from 1887 to 1891 Charles Millard Pratt (1855–1935), 1891–1893 Frederic B. Pratt (1865–1945), 1893–1937 Charles Pratt (1892–?), 1937–1953 Francis H. Horn 1953–1957 Robert Fisher Oxnam (1915–1974), 1957–1960 Richard H. Heindel 1961-1967 James B. Donovan (1916–1970), 1968–1970 Henry Saltzman, 1970-1972 Richardson Pratt Jr (1923–2001) (grandson of Charles Millard Pratt and great-grandson of Charles Pratt), 1972–1990 Warren F. Ilchman (1933–), 1990–1993 Thomas F. Schutte (1936–), 1993–2017 Frances Bronet, 2018–present Academics Rankings Pratt Institute