South Kensington
The profit from the 1851 Exhibition was invested by The Commissioners who bought 86 acres (350,000 m2) of land in South Kensington that was developed as a centre of educational and cultural institutions, often known as "Albertopolis". These include:
- Imperial College
- Natural History Museum
- Royal Albert Hall
- Royal College of Art
- Royal College of Music
- Science Museum
- Victoria and Albert Museum
The Commission's headquarters are in Imperial College and since 1891 the role of the Commission has been to provide postgraduate scholarships for students to study in Britain and abroad, and former scholars include 12 Nobel Prize laureates.
The Commission currently has capital assets of over £60 million, with an annual charitable disbursement of over £2 million.
Read more about this topic: Royal Commission For The Exhibition Of 1851
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