 £250,000 of this with accrued interest was used for the erection of a group of buildings which include Winthrop Hall and Hackett Hall, which were built in a much grander architectural style than might previously have been envisaged.Another £200,000 was used to set up a fund which still provides scholarships, bursaries and other financial help for deserving students.The suburb of Hackett, in inner North Canberra, Australian Capital Territory, Australia bears his name, in recognition of his efforts to support the federation of the Australian colonies, which took place in 1901.