University College Dublin (commonly referred to as UCD) (Irish: An Coláiste Ollscoile, Baile Átha Cliath), is Ireland's largest university, with over 1,480 faculty and 32,000 students. It is located in Dublin, the Irish capital. The university originates in a body founded in 1854 with John Henry Newman as the first rector, re-formed in 1880 and chartered in its own right in 1908. The Universities Act, 1997 renamed the constituent university as the "National University of Ireland, Dublin", and a ministerial order of 1998 renamed the institution as "University College Dublin - National University of Ireland, Dublin". Originally located in locations across Dublin city, all of the university's faculties have since been relocated to a 133-hectare (330-acre) campus at Belfield, four kilometres to the south of the city centre. A report published in May 2015 showed that the total economic output generated by UCD and its students in Ireland amounted to €1.3 billion annually and that the total number of jobs they generated was 8,914.