Gen. Robert E. Lee from 1862 to 1865 and professor of mathematics at the University of Virginia from 1865 to 1896) that McCormick finally decided to make his gift to the University of Virginia in 1877. In 1878, the University of Virginia officially received McCormick's donation of the telescope. This was followed in 1881 by a donation of $18,000 for the observatory itself, contingent on the University's raising the funds to endow the professorship.

The 66 cm refracting telescope was made by