The Massachusetts Institute of Technology (MIT) was also part of the operating consortium in the past.

On February 18, 1992, the International Astronomical Union officially assigned the name "McGraw-Hill" to the asteroid.

19697),[7] is as follows:[8] Named after the 1.3 m McGraw-Hill telescope located on the southwestern ridge of Kitt Peak, Arizona, which was the site for the first physical observations for this minor planet.

The telescope is operated by a consortium comprising the University of Michigan, Dartmouth College, and the Massachusetts Institute of Technology.

Originally erected at Stinchfield Woods near Dexter, Michigan, in July 1969, the telescope was moved to its current location in 1975 through the generous financial support of McGraw-Hill Incorporated and the Sloan Foundation.