History of the London School of Economics
The history of the London School of Economics dates from 1895, when the School was founded by Fabian Society members Sidney and Beatrice Webb, Graham Wallas, and George Bernard Shaw, with funding provided by private philanthropy, including a bequest of £20,000 from Henry Hunt Hutchinson to the Fabian Society.
University of London
The reforms initiated by the 1898 act came into force with the approval of the new federal statutes in 1900. Many of the colleges in London became schools of the university, including UCL, King's College, Bedford College, Royal Holloway and the London School of Economics. Regent's Park College, which had affiliated in 1841, became an official divinity school of the university in 1901 (the new statutes having given London the right to award degrees in theology) and Richmond (Theological) College followed as a divinity school of the university in 1902; Goldsmiths College joined in 1904; Imperial College was founded in 1907; Queen Mary College joined in 1915; the School of Oriental and African Studies was founded in 1916; and Birkbeck College, which was founded in 1823, joined in 1920.