Royal Academy of Arts as somewhat anachronistic. But efforts are made to award each prize to a student producing work that bears a relation to the intentions of the original benefactor. The Royal Academy has an important collection of books, archives and works of art accessible for research and display. A large part of these collections have been digitised and can be investigated through the Collection website. The first president of the Royal Academy, Sir Joshua Reynolds, gave his noted self-portrait, beginning the Royal Academy collection. This was followed by gifts from other founding members, such as Gainsborough and Benjamin West. Subsequently each elected
Joshua Reynolds Arts, helped found the Society of Artists of Great Britain, and in 1768 became the first president of the Royal Academy of Arts, a position he was to hold until his death. In 1769, he was knighted by George III, only the second artist to be so honored. His "Discourses", a series of lectures delivered at the Academy between 1769 and 1790, are remembered for their sensitivity and perception. In one lecture he expressed the opinion that "invention, strictly speaking, is little more than a new combination of those images which have been previously gathered and deposited in the memory."