Public Ivy
The Minnesota Territorial Legislature drafted a charter for the U of M as a territorial university in 1851, seven years before Minnesota became a state. Today, the university is classified among "R1: Doctoral Universities – Very high research activity". Minnesota is a member of the Association of American Universities and is ranked 17th in research activity, with $954 million in research and development expenditures in the fiscal year 2018. In 2001, the University of Minnesota was included in a list of Public Ivy universities, which includes publicly funded universities thought to provide a quality of education comparable to that of the Ivy League.