The Company has almshouses and schools, notably the great school on the site of the Charter House. It also gives largely to the City and Guilds of London Technical Institute.
At the east end of Threadneedle Street, where it meets Bishopsgate Street, stood St. Martin Outwich.
ST. MARTIN OUTWICH
St. Martin Outwich was called Oteswich or Outwich from four brothers of that name who founded it. It escaped the Great Fire, but was rebuilt in 1796 by the Merchant Taylors Company. In 1873 the parish of St. Martin Outwich was united with that of St. Helen, Bishopsgate, and the former church pulled down; the Capital and Counties Bank stands on its site. The earliest date of an incumbent is 1300.
The patronage of the Church was in the hands of: Edward III., who granted it to John de Warren, Earl of Surrey, in 1328; the Oteswiches, who, by their trustee, John Churchman, conveyed it to the Merchant Taylors Company, July 15, 1406, who presented it up to 1855.
Houseling people in 1548 were 227.
A chantry was founded here by John de Bredstrete, whose endowment for this and other purposes fetched £4 : 3 : 4 in 1548. The King granted his licence to found the Guild of St. Baptist, July 15, 1406.
Money fetched 5 per cent in 1548, for one John Kyddermester the elder by his will bequeathed £200 to purchase £10 by year to keep an obite, etc., in St. Martin Outwich.
A considerable number of monuments are recorded by Stow. Some of the most notable are those in memory of: Matthew Pemberton, Merchant Taylor, donor of £50 for repairing the chapel of St. Lawrence; Richard Staper, alderman, 1594, and greatest merchant of his day; George Sotherton, sometime Master of the Merchant Taylors Company, and M.P. for the City of London, who died in 1599. All the monuments in St. Martin Outwich were removed to St. Helen, Bishopsgate, on the union of the parishes.