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PHILADELPHIA, PA - SEPTEMBER 16: The Heisman Trophy sits on a table during a college football game. (Andy Lewis/Icon Sportswire via Getty Images)

The Downtown Athletic Club first presented college football's prestigious Heisman Trophy in 1935. After the Downtown Athletic Club declared bankruptcy in 2002, the Heisman Trust has continued the tradition.

But what is the Downtown Athletic Club exactly, and what is its history? It's certainly not limited to the Heisman Trophy alone. We've put together a brief summary of the club's origin, as well as a few key facts you need to know.

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