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.
London Academies Enterprise Trust
In 2010 Boris Johnson, the Mayor of London decided that the Mayor’s office should be involved in school transformation by sponsoring Academies. He therefore formed a group called the Mayor’s Academies Limited (MAL) and decided to work in a partnership with the country’s largest academy chain, (AET), as joint co-sponsors in order to transform London schools. This partnership was formalised in the setting up on 1 April 2010 of a limited company (Company number 07211219) called London Academies Enterprise Trust (LAET)