PHILANTHROPY
See Also: ART DEALERS, DISAPPEARED The Duveens; CITY LIVERY COMPANIES; THE GREAT FIRE OF LONDON The Rebuilding of London; SIR THOMAS GRESHAM; JEWS The East End, Philanthropy; PRISONS, DISAPPEARED Reformers; SLUMS & AVENUES; ZOOS London Zoo; MENU
Alleyn's College of God's Gift
Edward
Alleyn was a leading actor-manager of the late Elizabethan and Jacobean
periods. He was an associate of the
playwright Christopher Marlowe. In 1605
he bought the Manor of Dulwich. He was
childless and decided to establish an educational body called the College of
God's Gift. This was established under
letters patent in 1619. He endowed it
with his property. The College oversees
James Allen's Girls School, Alleyn's School, and Dulwich College.
In 1995
the College underwent a major reorganisation.
As a result, Dulwich Picture Gallery became an independent body.
See
Also: CHILD WELFARE The Thomas Coram Foundation for Children; GALLERIES Dulwich Picture Gallery; WILLIAM SHAKESPEARE The Rose Theatre; WATERMEN Doggett's Coat & Badge Race
Website:
www.thedulwichestate.org.uk
The Charterhouse
The
original Charterhouse was a Cistercian abbey in the City of London.1 During the Reformation its property passed
into secular ownership. In 1611 Thomas
Sutton bought the estate. He was reputed
to be the wealthiest commoner in England .
He had made his initial fortune as Queen Elizabeth's Master-General of
the Ordnance and had then enlarged it by investing in the Durham coalfield,
which supplied London with coal by sea.
Sutton
founded a hospital for 80 brethren and a school for 40 boys. The school developed into Charterhouse, a
public school that moved to Sussex in 1872.
The hospital's brethren are restricted to professional Anglican men who
are either bachelors or widowers and who are over the age of 60. The definition of professional is somewhat
broad. It has been taken to include
artists and military officers. With the
centuries the hospital's revenues have diminished. As a consequence, the number of brethren has
been reduced.
Location:
Sutton House,2 2 Homerton High Street, Hackney, E9 6JQ
Charterhouse
Square, EC1M 6AU (red,
yellow)
See
Also: COAL
Seacoal
Website:
https://thecharterhouse.org (www.charterhouse.org.uk The school)
1. Charterhouse was a corruption of the French word Chartreuse.
2. Thomas Sutton is buried in the Charterhouse. His wife, Elizabeth (d.1602), is buried in St
Mary's Stoke Newington with her first husband John Dudley (d.1580). Sutton House in Hackney was part of Dudley s
estate, Sutton's association with it was derived from their mutual spouse.
John Passmore Edwards
John
Passmore Edwards was a newspaper editor and proprietor. He became a generous philanthropist, who gave
large sums towards library building and educational causes.
In 1900
the London School of Economics became a college of the University of
London. Two years later it moved to a
site in Clare Market. Passmore Edwards
gave money towards the cost of constructing the college's buildings there.
Location:
The London
School of Economics, Houghton Street, WC2A 2AE (blue, brown)
51
Netherhall Gardens, NW3 5RJ. Edwards's
home.
See
Also: HOSPITALS Cottage Hospitals; LIBRARIES Public Libraries, John Passmore Edwards; SOCIAL WELFARE The Mary Ward Centre; UNIVERSITIES The London School of Economics
Esmée Fairbairn Foundation
Ian
Fairbairn (1896-1968) founded Municipal & General Securities in 1931. Thirty years later he set up the Esm e Fairbairn
Charitable Trust. The body was named
after his late wife who had been killed in an air raid in 1944. He endowed it with 70,000 worth of M&G shares. Under David Hopkinson's (d.2019) leadership, the
business underwent major growth. In 1999
Prudential bought M&G. At the time,
the 70,000 had grown to be worth 280m.
See
Also: THE CITY OF LONDON & FINANCE Unit Trusts, Municipal & General
Securities
Website:
http://esmeefairbairn.org.uk
The Calouste Gulbenkian Foundation
Calouste
Gulbenkian (1869-1955) was born into an affluent Armenian family that lived in
Constantinople. He attended King s
College London. He broke with his
brothers and moved to London where he was involved in financing mining
syndicates. He had no particular
interest in the oil industry but appreciated that it was growing quickly and
therefore ensured that he made himself useful to Henri Deterding, the dominant
figure within Royal Dutch Shell. A visit
to the oilfields of Baku led him to observe how poorly exploited a field was if
it was being operated by numerous small operators.
The
shipping broker Frederick Lane became concerned that Standard Oil of New Jersey
might dominate the global oil industry.
Therefore, he set about encouraging the sizable non-American oil companies
to co-operate with one another through cartels.
Gulbenkian persuaded the Western oil companies to remove competition
from their activities in the Middle East by pooling their efforts in the
Turkish Petroleum Company, a vehicle that he had set up and which on the day of
Archduke Franz Ferdinand's assassination in 1914 was granted a concession that
covered most of the Ottoman Empire.
The
deal was constructed so that Gulbenkian received a permanent 5%
commission. As a result, he became one
of the wealthiest people in the world.
He acquired magnificent homes but preferred to live in hotels and
maintain a low-profile. He adored art
and acquired a sophisticated knowledge of it through study. In the late 1920s he concluded that if the
Soviet Union became an active participant in the global oil industry there
would be great competition. The regime
proved to be receptive to his ideas and he was allowed to become one of the
leading purchasers of art works that the Soviets sold during the late 1920s.
With
time the businessman became cynical about his children. He declared that the moment after they
learned of his death they would be found wedged together in the doorway of the
Jack Barclay car dealership. He sought
to perpetuate his impact by setting up a foundation that he based in
Portugal. Following his death the
country's Salazar dictatorship effectively nationalised it
Gulbenkian
had been invited to contribute towards the costing of constructing an Armenian
church to the south of Kensington High Street.
He paid for all of it. Following
his death a memorial service was held in it.
So few people attended that the newspapers opted not to print their
names.
Location:
Jack Barclay, 18 Berkeley Square, W1J 6AE (red, turquoise)
Armenian
Church, Iverna Gardens, W8 6TP (blue, red)
See
Also: THE OIL INDUSTRY BP
Website:
https://gulbenkian.pt
The Leverhulme Trust
The
Leverhulme Trust supplied the marine biologist Richard Thompson with a grant
that enabled him to research his seminal paper Lost At Sea: Where Is All The
Plastic? (2004) which raised the issue of the impact that micro-plastics
were having upon the environment.
Website:
www.leverhulme.ac.uk
John Lyon's Charity
John
Lyon's Charity makes grants that are intended to benefit children and young
people. The charity derives its funds
from its endowment.
Location:
45a Cadogan Gardens, SW3 2TB (orange, purple)
Website:
www.jlc.london
The Nuffield Foundation
Lord
Nuffield created the car manufacturing company British Motor Corporation. The peer used his vast wealth to make public
benefactions. He established the Nuffield
Trust in 1943 to continue this programme after his death. Three years later the Foundation financed the
institute financed the setting up of the Institute of Child Health.
Unfortunately,
much of the body's wealth was tied up in shares in the company. As the British motor industry slipped into
crisis during the 1960s and 1970s so the Trust's income was reduced
substantially.
The
British Motor Corporation became known as Rover, which in 1994 became a
subsidiary of BMW of Germany. The Cowley
car plant that Nuffield created in his native city of Oxford is now the home of
BMW Mini.
Location:
The Nuffield Foundation, 28 Bedford Square, WC1B 3JS (blue, brown)
The
Nuffield College of Surgical Sciences, Lincoln's Inn Fields, WC2A 3PP. (In
2017 it was announced that the Royal College of Surgeons was going to sell the
Nuffield Building to the London School of Economics.) (purple, blue)
See
Also: CARS
Wolseley Motors
Website:
www.nuffieldfoundation.org
The Portal Trust
Sir
John Cass M.P. (1661-1718) was a prosperous merchant. He served as the master of two separate
livery companies and served as Lord Mayor of London. In 1710 he founded a school.
While
preparing to sign an endowment for the school, Cass suffered a pulmonary
haemorrhage, which stained with the quill with blood. He had only initialled three pages of his
will. As a result, his will was
contested. It took three decades for the
Court of Chancery to settle the matter.
The Foundation was formally set up in 1748. Each February St Botolph's hosts a service
known as Red Feather Day.
In 2021
the Foundation changed its name to The Portal Trust.
Location:
31 Jewry Street, EC3N 2EY (red, blue)
See
Also: SLAVERY Black Lives Matter Protests
Website:
www.portaltrust.org
The Rausing Family
The
Rausing family's wealth came from the Tetra Pak cartons business.
In 1944
Ruben Rausing (né Andersson) (d.1983) was watching his wife making
sausages in their kitchen. He noticed
how the sausage skins were pinched at each end to close them. He successfully adapted the technique to
sealing cardboard milk cartons. The
design was developed using a tetrahedron.
In 1952 the TetraPak was launched in Sweden.
In 1992
Hans Rausing (1926-2019) sold his interest in the company.
Website:
www.juliahansrausingtrust.org www.sigrid-rausing-trust.org
The Royal Foundation of St Katharine
Queen
Matilda established the Royal Foundation of St Katharine in 1148 for the
maintenance of thirteen poor persons .
The Foundation was established on a site that was just to the east of
the Tower of London. The land had been
made available by the Augustinian Priory of Aldgate. At the start of the 13thC the
Foundation became independent of the religious house. It existed under the personal protection of
the Queens of England.
In 1442
the precincts of St Katharine's were granted a charter of privileges. This removed its residents from the
ecclesiastical jurisdiction of the City of London. It became a royal peculiar with its own
ecclesiastical court, while its judicial matters became the exclusive concern
of its Master and the Lord Chancellor.
King
Henry VIII divorced Catherine of Aragon in 1533. He allowed her to continue to be the
patroness of the Foundation. It was this
association that probably enabled it to survive the dissolution of the
monasteries, which began two years later.
With time, its grounds developed into a small township that was
comprised of people who were unable to practice their trades within the City, e.g.
through being foreign.
In 1825
the Foundation moved to Regent's Park, its Tower-side site having been taken
over to enable St Katharine's Dock to be constructed. After the Second World War the Foundation
moved back to the East End, occupying the site of the bombed St James's church.
Location:
2 Butcher Row, E14 8DS
4 St Katharine s
Precinct, The Regent's Park, NW1 4HH (orange, red)
See
Also: THE DOCKS
The Walled Docks, St Katharine's Dock; LIBERTIES; ROYAL
RESIDENCES Somerset House
Website:
www.rfsk.org.uk
The Sacklers
The
brothers Arthur (d.1987), Mortimer (d.2010), and Raymond Sackler (1920-2017)
were New Yorkers who all qualified as psychiatrists but who also had
entrepreneurial natures. New York
University Medical School operated an informal limit on Jews of 10%. As a result, Raymond and Mortimer spent part
of their medical education studying at Anderson College of Medicine in
Glasgow. Arthur appears to have been the
dominant sib. He appears to have developed
a belief that depression was the result of a chemical in the brain and that it
could most effectively be treated by means of drugs. The brothers acquired control Purdue
Frederick Co. a small Greenwich Village-based pharmaceutical company. During Prohibition the business s
sherry-based pick-me-up Gary's Glycerine Tonic Compound had sold well.
In the
1970s staff at St Christopher's Hospice in South London asked Napp
Pharmaceuticals if it could produce a pill that released morphine slowly. The company had already made an asthma
treatment that acted in such a manner and therefore was able to develop MS
Contin, which was launched in 1984. Napp
was a subsidiary of Purdue Pharma. The
drug's reasonable success prompted Purdue to start developing a second
generation one for when its patents expired.
OxyContin was launched in 1995.
It proved to be a blockbuster.
The money it generated made the Sacklers multi-billionaires. They were able to increase their philanthropy
many times over. Mortimer settled in
Britain.
In 1995
Mortimer and Raymond Sackler were awarded honorary knighthoods.
The
subjects that the American art photographer had addressed had included heroin
addiction. She developed
tendonitis. For this, she was prescribed
OxyContin. She became addicted to
it. That everyday pharmaceutical could
do so horrified her. Inpsired the Act Up
A.I.D.S. activists of the late 1980s she up Prescription Addiction Intervention
Now (Pain) to draw public attention to how the Sacklers had generated the
wealth that enabled them to make philanthropic gestures.
In 2019
the National Portrait Galleyt became the first British cultural institution to
decline money from the Sackler Trust. At
the end of 2021 the Metropolitan Museum in New York City removed the Sackler
name from seven of its galleries. In
early 2022 the family's name was removing from plauqes in both Tate Britain and
Tate Modern. The Royal Botanic Gardens
was doing likewise. At the time,the
British Museum, the National Gallery, and the Victoria & Albert Museum had
not dissociated themselves from the Sacklers.
At the time, it was estimated that over the previous thirteen years the
trust had given about 170m to British institutions.
Location:
St Christopher's Hospice, 51-59 Lawrie Park Road, Sydenham, SE26 6DZ
Henry Smith's Charity
Henry
Smith was born in humble circumstances in Wandsworth. During his adult life he made a large fortune
in the City of London as a salter. In
1620 he vested his property to a number of trustees (earmarking 500 p.a.
for himself) to provide for a wide variety of charitable purposes. He was particularly generous to his native
county community. He also gave money to
found a Fellowship at the University of Cambridge (to be held by his kin).
Smith s
Charity was set up both to provide money for the purpose of buying the freedom
of Christians who had been enslaved by the Turks1 and to provide for
those of Smith's relations who were unable to work. By the late 18thC the Turkish
aspect of the charity was waived by Act of Parliament and by the late 19thC
the poor relations were no longer in financial need. Since 1875 the charity has been geared
principally on areas other than those for which it was originally devised.
An
early trustee of the charity sold it a slice of Kensington that subsequently
became highly fashionable. The names of
the streets that were built upon the charity's property were thoroughly
aristocratic, since the body drew its trustees from the top drawer.
In 1995
the Wellcome Trust paid Smiths Charity 280m for the 54-acre Kensington
Estate. The property consisted of 2300
properties between Cranley Gardens, Fulham Road, Old Brompton Road, and Walton
Place.
See
Also: ESTATES; SLAVERY White
Slaves; TRADING
COMPANIES The Turkey Company
Website:
www.henrysmithcharity.org.uk
1. This was in a period before the British naval tradition had been
revived.
Toynbee Hall
In 1884
Canon Samuel Barnett founded Toynbee Hall in Whitechapel's Commercial
Street. He named it after Arnold
Toynbee, an economist and social reformer who had drawn his interest to the
area. The Hall was the first of the East
End's university settlements. The people
who lectured there included George Bernard Shaw and Sydney Webb. It played an important part in the education
of many young working-class Londoners.
Following
John Profumo's political disgrace in 1963, the Conservative politician devoted
much of the rest of his life to working at Toynbee Hall. In 1975 he was awarded a C.B.E. for his
charitable work.
Location:
28 Commercial Street, E1 6LS (purple, orange)
See
Also: CARNABY STREET The Monster Raving Loony Party; SIR THOMAS GRESHAM Gresham College
Website:
www.toynbeehall.org.uk (www.hgstrust.org -
Hampstead Garden Suburb was a very different project of the Barnetts)
The Wellcome Trust
The
Wellcome Trust's principal activity is funding biomedical research. It also underwrites medically-related arts
projects, encourages the history of medicine and investigations into biomedical
ethics, and finances The Wellcome Collection, which is a museum of medicine.
Sir
Henry Wellcome was an American-born, British-based pharmaceuticals tycoon who
developed an interest in collecting medical related items. In 1924 he set up The Wellcome Foundation to
hold both the artefacts that he had amassed and his pharmaceutical Interests.
The
Wellcome Trust charity was established under Wellcome's will. Following Wellcome's death the Foundation was
set up with a portfolio that was worth about 2m.
It was
the City financier Sir Roger Gibbs (1934-2018) who pushed for Wellcome
Foundation to diversify its assets away from Wellcome. His father, Sir Geoffrey, had chaired the
Nuffield Foundation and therefore knew well how it had suffered from Lord
Nuffield's insistence that it assets should always be shares in the Morris
Motor Company.
In 1982
Sir David Steel concurred that the Trust needed to diversify its financial
interests. Therefore, it floated
Wellcome the drugs company on the Stock Exchange. This made the Trust rich. In 1995 Glaxo bought Wellcome. The Trust became Croesus-like.
At the
time of Gibbs's death in 2018 the Foundation had about 25bn in assets.
Location:
183 Euston Road, NW1 2BE. (The Collection) (red,
yellow)
215 Euston
Road, NW1 2BE. (The Trust) (red, blue)
See
Also: MEDICAL RESEARCH The Wellcome Trust; MUSEUMS The Horniman Museum & Gardens
Website:
www.wellcome.org
David
Backhouse 2024