Sir Thomas White, lately Lord Mayor of …
Years: 1555 - 1555
May
Sir Thomas White, lately Lord Mayor of London, and Master of the Merchant Taylors' Company, on May 1, 1555, obtains a Royal Patent of Foundation to create an eleemosynary institution for the education of students within the University of Oxford.
A Roman Catholic, White intends St. John's College, as the Oxford constituent college is known today, to provide a source of educated Roman Catholic clerics to support the Counter-Reformation under Queen Mary; Edmund Campion, the Roman Catholic priest and martyr, will study here.
White has acquired buildings on the east side of St. Giles', north of Balliol and Trinity Colleges, which had belonged to the former College of St. Bernard, a monastery and house of study of the Cistercian order that had been closed during the Dissolution of the Monasteries.
The new St. John's College is initially rather small and not well endowed financially.
The college is today reputed to be the wealthiest in Oxford, with an estimated financial endowment of three hundred and four million pounds million as of 2006.
