The Royal Academy of Arts has a unique position in being an independent, privately funded institution led by eminent artists and architects whose purpose is to promote the creation, enjoyment and appreciation of the visual arts through exhibitions, education and debate.The Academy was founded by George III in 1768. The 34 founding Members were a group of prominent artists and architects including Sir Joshua Reynolds and Sir William Chambers who were determined to achieve professional standing for British art and architecture. They also wanted to provide a venue for exhibitions that would be open to the public; and to establish a school of art through which their skills and knowledge could be passed to future generations of practitioners.