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.
Leeds Girls' High School
LGHS was founded in 1876, at a time when female education was limited but expanding. Frances Lupton and other members of the Ladies’ Honorary Council of the Yorkshire Board of Education decided that campaigning for access to the universities was of little use without better all-round education for girls, equivalent to what boys received at traditional academic grammar school. Established interests prevented the use of existing charitable funds, so Lupton and her colleagues created a new way forward: a joint stock company.