Difference between revisions of "The Gatsby Charitable Foundation"
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| − | + | Through his [[Gatsby Charitable Foundation]] [[Lord Sainsbury]] has also put millions into the study of plant genetics. Gatsby gives approximately £2 million a year to the Sainsbury Laboratory of the [[John Innes Centre]], which does research into GM crops. Lord Sainsbury helped found the Laboratory in 1987 and his Gatsby Foundation remains its principal source of funding, although it also receives over £800,000 a year from the [[Biotechnology and Biological Science Research Council]] (BBSRC) , for which Sainsbury is responsible in his ministerial role. Its grant has increased several fold during Sainsbury's time as minister. | |
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| + | Like his biotech investments, his Gatsby contributions have been administered through a blind trust run by his solicitor Judith Portrait since Sainsbury became UK Science Minister. Portrait is also a Gatsby trustee. Although he does not attend Gatsby meetings or make decisions, Sainsbury retains the power to appoint and dismiss its trustees. | ||
Revision as of 17:11, 22 February 2007
Through his Gatsby Charitable Foundation Lord Sainsbury has also put millions into the study of plant genetics. Gatsby gives approximately £2 million a year to the Sainsbury Laboratory of the John Innes Centre, which does research into GM crops. Lord Sainsbury helped found the Laboratory in 1987 and his Gatsby Foundation remains its principal source of funding, although it also receives over £800,000 a year from the Biotechnology and Biological Science Research Council (BBSRC) , for which Sainsbury is responsible in his ministerial role. Its grant has increased several fold during Sainsbury's time as minister.
Like his biotech investments, his Gatsby contributions have been administered through a blind trust run by his solicitor Judith Portrait since Sainsbury became UK Science Minister. Portrait is also a Gatsby trustee. Although he does not attend Gatsby meetings or make decisions, Sainsbury retains the power to appoint and dismiss its trustees.
