In 1884 Indiana Asbury University changed its name to DePauw University in honor of Washington C. DePauw, who made a sequence of substantial donations throughout the 1870s, which culminated in his largest single donation that established the School of Music during 1884.[8] Before his death in 1887, DePauw donated over $600,000 to Indiana Asbury, equal to around $17 million in 2021. In 2002, the school received the largest-ever gift to a liberal arts college, $128 million by the Holton family.