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.
Economic History Society
The Economic History Society was established at a general meeting held at the London School of Economics on 14 July 1926. R. H. Tawney took the chair and, after the resolution to form the society had been carried unanimously, the meeting discussed the constitution and aims of the society and proceeded to elect its first officers, with Sir William Ashley as the first President. The publication of "The Economic History Review" was also discussed and Tawney and Lipson were appointed as joint editors.