 Both Dulwich College and Alleyn's School were managed by the College Governors who also administered the Chapel and Picture Gallery.But by this Act the Estates and Almshouses were placed in the hands of the Estates Governors.Dulwich College's income is derived from the contributions made to it by the Estates Governors, among whom the College Governors are well represented (having eight of the twenty five places)

Alleyn's College, the reconstituted form of the charitable foundation set up in 1619, continued to own and manages the ancient Manor of Dulwich in south London and also to manage the foundation schools of Dulwich College, Alleyn's School and James Allen's Girls' School.