Bates College is an educational institution that provides instruction in the liberal arts and sciences. The College offers courses and programs in anthropology, economics, history, physics and astronomy, art, biology, education, classical and romance languages and literature, music, mathematics, political science, psychology, sociology, philosophy, geology, theater, and rhetoric. The institute is accredited to the New England Association of Schools and Colleges, Carnegie Foundation for the Advancement of Teaching, and the American Chemical Society. Bates College was founded in 1855 and is based in Lewiston, Maine. It has endowment assets worth $198.5 million.