The university's first chancellor was Joseph Gibson Hoyt. Crow secured the university charter from the Missouri General Assembly in 1853, and Eliot was named President of the Board of Trustees. Early on, Eliot solicited support from members of the local business community, including John O'Fallon, but Eliot failed to secure a permanent endowment. Washington University is unusual among major American universities in not having had a prior financial endowment. The institution had no backing of a religious organization, single wealthy patron, or earmarked government support.