Lees–McRae College is a private four-year college in Banner Elk, North Carolina, affiliated with the Presbyterian Church (USA). Lees–McRae College was founded in Banner Elk as an all-female high school in 1899 by Reverend Edgar Tufts, a Presbyterian minister. He named the school The Elizabeth McRae Institute after a well-respected educator in 1900. School benefactor Suzanna Lees' name was added in 1903 and the school's name became the Lees-McRae Institute when the school was chartered by the state in 1907. Lees-McRae began moving toward offering a four-year program in the late 1980s and the school's president made the recommendation to the board of trustees in 1987.