The University of Oregon (UO) is a public, coeducational research university in Eugene, Oregon, United States. The second oldest public university in the state, UO was founded in 1876, and graduated its first class two years later. The University of Oregon is one of 60 members of the Association of American Universities. The Carnegie Foundation classifies the University of Oregon as a "high research activity" university. The University of Oregon receives much of its funding from the UO Foundation, an independent not-for-profit organization. UO has an endowment of $566 million. The university has six professional schools including a law school and one in architecture. Enrollment at UO totals 20,393, with 16,475 of those as undergraduates. Athletic teams are known as the Ducks and compete at the NCAA Division I level. Oregon is a founding member of the Pacific-10 Conference and fields 15 teams at the varsity level.