The J. B. Speed School of Engineering was founded in 1925 as part of the University of Louisville in the U.S. state of Kentucky with money from the James Breckenridge Speed Foundation which was created by his children William S. Speed and Olive Speed Sackett to honor J. B. Speed. Until 2003, it was known as the J. B. Speed Scientific School. The school is colloquially referred to as Speed School or just Speed by students and locals.