Magdalen College is one of the constituent colleges of the University of Oxford in England. As of 2006 the college had an estimated financial endowment of £153 million. Magdalen is currently top of the Norrington Table after over half of its 2010 finalists received first-class degrees, a record score for any college. Five Magdalen alumni are currently members of the Conservative-Liberal Democrat Cabinet.
Magdalen College was founded in 1458 by William of Waynflete, Bishop of Winchester. The founder's statutes included provision for a choral foundation of men and boys (a tradition that has continued to the present day) and made reference to the pronunciation of the name of the College in English. The college received another substantial endowment from the estate of Sir John Fastolf of Caister Castle in Norfolk (1380–1459). Another unrelated college named Magdalen Hall adjacent to Magdalen College eventually became part of Hertford College.
Regarded by some as one of the most beautiful of the Oxford and Cambridge colleges, Magdalen is also one of the most visited. It stands next to the River Cherwell and has within its grounds a deer park and Addison's Walk. Magdalen College School also lies nearby. The large, square Magdalen Tower is a famous Oxford landmark, and it is a tradition since the days of Henry VII that the college choir sings from the top of it at 6 a.m. on May Morning. The college has large grounds, close to the city centre. They stretch north and east from the college, and are most of the area bounded by Longwall Street, the High Street (where the porter's lodge is located), and St Clement's.
Source & More Information: Wikipedia, Magdalen College, Oxford, http://en.wikipedia.org/wiki/Magdalen_College,_Oxford