London School of Economics
The London School of Economics was founded in 1895 by Beatrice and Sidney Webb, initially funded by a bequest of £20,000 from the estate of Henry Hunt Hutchinson. Hutchinson, a lawyer and member of the Fabian Society, left the money in trust, to be put "towards advancing its [The Fabian Society's] objects in any way they [the trustees] deem advisable". The five trustees were Sidney Webb, Edward Pease, Constance Hutchinson, William de Mattos and William Clark.
School of Economic Science
In 1975 the SES founded the St James Independent Schools in London for girls and boys from 4–18 years of age. St Vedast's School for Boys, at Sarum Chase in Hampstead, London, was also founded in the mid 1970s and closed in 1985. The schools were subject to a critical series of articles" focusing on the School's discipline regime and its links to the School of Economic Science in the "London Evening Standard" in the early 1980s. An independent inquiry in 2005 concluded that "mental and physical mistreatment" of some pupils had occurred, including "criminal assaults" by teachers, during the ten-year period (1975 to 1985) considered by the inquiry. Other schools included the Ficino School in Auckland, New Zealand; St James Preparatory School, Johannesburg, South Africa; John Colet School, Sydney, Australia; Erasmus School, Melbourne, Australia; the St James Independent Schools in London; Alcuin school in Leeds (closed in 2009); St James' primary school in Stockport (closed in 2015); and John Scottus School in Dublin. St James Junior Boys merged with the Junior Girls School to form St James Juniors in 2015.