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William Peace University is a small liberal arts college in downtown Raleigh, North Carolina, United States. It is affiliated with the Presbyterian Church, and offers undergraduate degrees in 26 majors. The institution adopted its current name in 2012, concurrent with its decision to begin admitting men to its day program; it was previously known as Peace Institute and Peace College.The institution that eventually became William Peace University was founded in 1872 as Peace Institute by a group of men within the Presbyterian Synod of North Carolina. The leading donation of $10,000 USD ($257 thousand in 2017 terms) came from William Peace, a prominent local merchant and a founding member of the First Presbyterian Church of Raleigh. Peace was a member of the second class of the University of North Carolina (class of 1800), and a longtime proponent of education as a benefactor of Raleigh Academy, a school primarily for boys.