The King Alfonso XIII Professorship of Spanish Studies is a named chair at the University of Oxford. It was established in 1927 by the endowment of ã25,000 raised by the Lord Mayor of London and a special committee he chaired for the purpose. The gift was conditional on the university paying ã600 a year to maintain a lecturer and a departmental library. It is associated with a fellowship at Exeter College, Oxford (which does not pay a stipend).