The club is named after Jean Grolier de Servières, Viscount d'Aguisy, Treasurer General of France, whose library was famous; his motto, "Io.

[1] The Club's stated objective is "the literary study of the arts pertaining to the production of books, including the occasional publication of books designed to illustrate, promote and encourage these arts; and the acquisition, furnishing and maintenance of a suitable club building for the safekeeping of its property, wherein meetings, lectures and exhibitions shall take place from time to time ..."[2] The Grolier Club maintains a research library specializing in books, bibliography and bibliophily, printing (especially the history of printing and examples of fine printing), binding, illustration and bookselling.

[8] The Grolier Club also has a program of public exhibitions which "treat books and prints as objects worthy of display, on a par with painting and sculpture.

[14] The founders of the club were William Loring Andrews, Theodore L. DeVinne, A. W. Drake, Albert Gallup, Robert Hoe III, Brayton Ives, Samuel W. Marvin, E. S. Mead, and Arthur B.

Phelps Stokes (elected 1927), Bruce Rogers (1928), Henry Watson Kent (1930), Franklin D. Roosevelt (1934), Rudolph Ruzicka (1946), Lawrence C. Wroth (1950), Carl Purington Rollins (1951), Elmer Adler (1952), Joseph Blumenthal (1967), Margaret Bingham Stillwell (1977) and Mary C. Hyde Eccles (1989).

Honorary Foreign Corresponding members have included Emery Walker (elected 1920), Alfred W. Pollard (1921), Sir Geoffrey Keynes (1922), Michael Sadleir (1925), Stanley Morison (1951), Giovanni Mardersteig (1964), Howard M. Nixon (1971), Nicolas Barker (1972), John Carter (1973), and Hermann Zapf (2003).