In London; was instituted in 1768 by George III. as a result of a memorial presented to him by 29 members who had seceded from "The Incorporated Society of Artists of Great Britain" (founded 1765); for some years received grants from the privy purse, and was provided with rooms in Somerset House; removed to Trafalgar Square in 1836, and to its present quarters at Burlington House in 1869; receives now no public grant; holds yearly exhibitions, and supports an art school; membership comprises 42 Royal Academicians, besides Associates. The present President is Sir Edward John Poynter. The Royal Hibernian Academy (founded 1823) and the Scottish Academy (1826) are similar institutions.