The exact date of Hopkins School's founding is a matter of definition. The historical record of the executors' report implies the trust was created on May 4, 1660, but since the Julian calendar was in use then, the date corresponds to May 14 on modern calendars. The papers which created the fund were presented and accepted on May 30, and many use this date as the official date of the school's founding. Finally, on June 4 (June 14 on modern calendars) Davenport transferred control of the bequest to the colony, on the condition that the colony accept responsibility for the support of the school.