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On November 1, 1882, the Paine College Board of Trustees, consisting of six members, three from each Church, met for the first time.
In 1882, each Church appointed three of its members to a committee, which established Paine Institute, named in honor of Bishop Robert Paine.
In 1883, a Charter of Incorporation for The Paine Institute was granted, and the Trustees elected Doctor George Williams Walker as its first teacher.
In January 1884, classes began in rented quarters located on Broad Street in downtown Augusta.
On December 28, 1884, the Reverend George Williams Walker was elected President of Paine Institute following the resignation of Reverend Callaway.
In 1886, the College moved to its present site on Fifteenth Street.
Also in 1888, Trustee W. A. Candler presented a resolution to the Trustees authorizing President Walker to employ John Wesley Gilbert, Paine's first student and first graduate, to become the first Black member of the faculty.
The institute, named in honor of Bishop Robert Paine, was re-chartered as Paine College in 1903.
He died in his office in 1974.
The College witnessed and upswing in alumni giving and donations from all constituents beginning with Doctor Bradley’s tenure in 2008.
Under the leadership of President George C. Bradley, in the spring of 2009, the College established a Master Planning Committee.
In 2010, the United States Department of Energy awarded $3 million to support academic programs and research in science, technology, engineering and mathematics.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Morehouse College | 1867 | $105.4M | 750 | 171 |
| Saint Augustine's University | 1867 | $50.0M | 391 | - |
| Benedict College | 1870 | $38.0M | 546 | 27 |
| Talladega College | 1905 | $50.0M | 100 | 41 |
| Bluefield State College | 1895 | $7.6M | 289 | 5 |
| Miles College | 1898 | $30.1M | 320 | - |
| Livingstone College | 1879 | $50.0M | 100 | 26 |
| Savannah State University | 1890 | $55.4M | 850 | 28 |
| Edward Waters University | 1866 | $50.0M | 220 | 9 |
| Morris Brown College | 1881 | $11.0M | 127 | 3 |
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