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https://en.wikipedia.org/wiki/Cottey_College
"It was founded by Virginia Alice Cottey Stockard in 1884 and is currently owned and supported by the P.E.O. Sisterhood, a philanthropic women's organization. It is the only nonsectarian college in the United States owned and supported by women for women."
https://en.wikipedia.org/wiki/P.E.O._Sisterhood
The P.E.O. Sisterhood (Philanthropic Educational Organization) is a U.S.-based international women's organization of about 230,000 members, with a primary focus on providing educational opportunities for female students worldwide. The Sisterhood is headquartered in Des Moines, Iowa, with chapters throughout the United States and Canada. Among other projects, it owns and supports Cottey College, an independent college for women in Nevada, Missouri.
More:
For much of its history, the meaning of "P.E.O." in the organization's name was a closely guarded secret and was never made public. In 1924, it was said that "These letters are 'mystic'. None save the initiated know their meaning."The organization's avoidance of publicity, and the secrecy of its name, caused it to be regarded as a "secret society".