Church Commissioners – No.8 December 18, 2014 UK – £207.8m “There is no greater joy than helping a young person explore more about God and the big questions of this universe, as they journey through this life,” says Jane Gillis, a school community worker at Christ Church Clifton, who is working with local schools to provide spiritual development opportunities. Gillis’ work [...]
Bank of America Charitable Foundation – No.19 December 18, 2014 USA – £114.5m Like Wells Fargo, Bank of America’s charitable focus is on helping out local communities. For 2014 it concentrated on three main issues: housing, education and basic human services such as hunger. Last year, the foundation contributed over £114m to address various issues within communities. One of the charities it has [...]
W.K. Kellogg Foundation – No. 20 December 18, 2014 USA – £110m “If I am successful in getting out of debt, and become prosperous, I expect to make good use of any wealth that may come to me,” wrote Will Keith Kellogg in 1909 – and he was as good as his word. The breakfast cereal pioneer went on to become one of [...]
Philanthropy is like sex – every generation thinks they discovered it December 18, 2014 Two comments overheard in the last month or so indicate that in its own eyes, the City is becoming more philanthropic. Both came from 40 somethings, involved in the many giving networks for young professionals that are springing up around the Square Mile. In quiet conversation at after-event networking sessions they both commented, almost [...]
People’s Postcode Lottery: A gamble where everybody wins December 18, 2014 Players of People’s Postcode Lottery have raised over £56m for charity and they aim to raise even more next year. Fancy your luck this Christmas? Well, deciding to play People’s Postcode Lottery (PPL) isn’t a gamble at all when you know that the money you pay is being used to support some of the UK’s [...]
André Villas-Boas: The former Tottenham and Chelsea manager on charity, football and coaching in Saint Petersburg December 18, 2014 How have you found being an ambassador for the Laureus Sport for Good Foundation? I have been an ambassador since 2011. I’m very grateful for the opportunity they have given me to reach out to people who have suffered from all kinds of problems, from social exclusion, to poverty, to disabilities. As a citizen you [...]
Capital One Cup: Rodgers looks to Sterling to solve Liverpool’s scoring conundrum December 17, 2014 AFC BOURNEMOUTH 1 LIVERPOOL 3 LIVERPOOL boss Brendan Rodgers insists Raheem Sterling could prove the solution to the club’s goalscoring woes after last night firing the Reds to a Capital One Cup semi-final showdown with old foes Chelsea. Sterling missed a host of presentable chances against Manchester United on Sunday but his double, together with a [...]
How Britain can tackle its stubborn trade deficit December 17, 2014 AS WE take a moment to look back on 2014, there is one aspect of the economy that has underperformed – UK exports. Recent forecasts predict that British exports will be down on last year, having a tangible impact on overall economic growth. In fact, net trade knocked 0.5 percentage points off GDP growth in [...]
Cerberus takes a £2.3bn bite of property loans December 16, 2014 AMERICAN private equity giant Cerberus has agreed to buy two portfolios of distressed property loans for £2.3bn as it looks to up its exposure to the UK and Irish markets, it emerged yesterday. Cerberus struck deals to take on a £1.2bn portfolio of commercial property loans from National Australia Bank and a £1.1bn portfolio of [...]
Autumn cooling for the capital’s housing market December 16, 2014 UK HOUSE price growth slowed in October, official figures revealed yesterday, with the cost of housing in London falling compared to earlier in the year. Prices in the capital were 1.9 per cent lower than in August, the Office for National Statistics (ONS) said. The average residential property in London still costs in excess of [...]