Britain’s First Charity Donor to Give 1 Billion

Britain’s First Charity Donor to Give 1 Billion

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wonder.jpgFulfilling a personal goal, former science minister and supermarket tycoon Lord Sainsbury has become the first Briton to give more than £1 billion to charity.

His charitable foundation has given away £660m to support scientific research, children’s charities, the arts and mental health. Sainsbury has allocated a further £465m for good causes, which is in the foundation awaiting distribution, taking the overall total to more than £1 billion.

(Read more in the Times Online)

Last year, hedge fund manager Chris Hohn, 41, became Britain’s largest-ever donor with a gift of one-half billion.

 

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