Gresham College - History

History

Sir Thomas Gresham, founder of the Royal Exchange, left his estate jointly to the City of London Corporation and to the Mercers' Company, which today support the college through the Joint Grand Gresham Committee under the presidency of the Lord Mayor of London. Gresham's will provided for the setting up of the College—in Gresham's mansion in Bishopsgate, on the site now occupied by Tower 42, the former NatWest Tower—and endowed it with the rental income from shops sited around the Royal Exchange, which Gresham had established.

The early success of the College led to the incorporation of the Royal Society in 1663, which pursued its activities at the College in Bishopsgate before moving to its own premises in Crane Court in 1710. The College remained in Gresham's mansion in Bishopsgate until 1768, and moved about London thereafter until the construction in 1842 of its own buildings in Gresham Street EC2. Gresham College did not become part of the University of London on the founding of the University in the 19th century, although a close association between the College and the University persisted for many years. Since 1991, the College has operated at Barnard’s Inn Hall, Holborn EC1.