[1] It was founded in 1640 by Gaspar de Guzmán y Pimentel, III count-duke of Olivares, Favourite of King Philip IV .

The work was completed by his nephew, Luis Méndez de Haro, Marqués del Carpio and iv Count-Duke of Olivares and, later, It would become one of the richest churches in pictorial works in Spain, with objects given to the Count-Duke of Olivares by King Philip IV.

In 1809 the collection was looted by General Horace Sebastiani de la Porta during the French invasion and many of these works were taken to France, where today they can be seen in museums such as the Louvre.

In 1909 Jacobo Fitz-James Stuart y Falcó, xvii Duke of Alba de Tormes and xiii Count-Duke of Olivares, founded a pantheon adding a chapel to the monastery for the House of Alba, which was the work of Juan Bautista Lázaro inspired by the chapel from El Escorial.

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