On 30 January 1936 upon the death of King George V, the then Lord Mayor of the City of London set up a committee to consider what form a national memorial to the King should take. In March 1936, the committee decided that there should be a statue in London and a philanthropic scheme of specific character that would benefit the whole country and be associated with King George V's name. As a result, in the November of that year, the King George's Fields Foundation was constituted by Trust Deed to give effect to the scheme. The urbanisation of the twentieth century in Great Britain was bringing home to many public-spirited people the fact that lack of open spaces must restrict the rising generation physically.