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.
History of King's College London
King's College was founded in 1829 in response to the theological controversy surrounding the founding of "London University" (which later became University College London) in 1826. London University was founded, with the backing of Utilitarians, Jews and non-Anglican Christians, as a secular institution, intended to educate "the youth of our middling rich people between the ages of 15 or 16 and 20 or later" giving its nickname, "the godless college in Gower Street".