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David John Sainsbury, Baron Sainsbury of Turville, FRS, HonFREng (born 24 October 1940) is an English politician, businessman and philanthropist. He became a director two years later and vice-chairman following his fathers retirement in 1967. During his time at J Sainsbury he also served on the governing boards of a number of political organisations as well as bodies representing business interests. [11], Between 1996, the year he rejoined Labour, and 2006, when he stood down as a government minister, Sainsbury donated 16 million to the Labour Party, usually in batches of 1 million or 2 million each year. funfetti pancake mix cookies lord sainsbury contact. The supermarket's current chairman and chief executive announced the death of the Baron on Friday evening, saying he had lived a "remarkable life". [33] By 2009 the foundation had given 660 million to a range of charitable causes. View Site Tips Help Centre Contact Us About Us Accessibility myFT Tour Careers. Lord Sainsbury of Preston Candover obituary Fourth-generation head of the family supermarket chain and generous philanthropist to the arts whose mantra was 'retail is detail' Tuesday January 18. Celia Sainsbury (married name Celia Blakey) set up the Celia Blakey Charitable Trust which makes grants to various other charities. David Sainsbury (Lord Sainsbury of Turville) is a British businessman, politician and philanthropist.He was Science Minister in Tony Blair's government from July 1998 until 10 November 2006. The halving of the generous dividend yield in recent years may have been a significant factor regarding the family's decision to reduce their shareholdings. He was Finance Director of J. Sainsbury plc from 1973 to 1990 and Chairman from1992 to 1998. Lord Sainsbury of Turville's full title is The Lord Sainsbury of Turville. More recently, he gave a huge 8m donation the biggest ever from an individual to the Lib Dems before the 2019 election. @michaelsavage. I am proud to be a Cambridge graduate and know both British and foreign universities as a result of my eight . Founding family of the UK supermarket chain, Sainsbury's, Principal members of the Sainsbury family, The Sainsbury family charitable interests, Learn how and when to remove this template message, John Davan Sainsbury, Baron Sainsbury of Preston Candover, Elizabeth Butler-Sloss, Baroness Butler-Sloss, David Sainsbury, Baron Sainsbury of Turville, Susan Carroll, The Lady Sainsbury of Turville, DBE, Sainsbury Laboratory Cambridge University, School of Art History and World Art Studies, National Trust for Places of Historic Interest or Natural Beauty, John Sainsbury, Baron Sainsbury of Preston Candover, "Marcus Rashford tops The Sunday Times Giving List 2021", "20 years of the Giving List by Alsastair McCall | CAF", The Sainsbury Archive Sainsbury family page, https://en.wikipedia.org/w/index.php?title=Sainsbury_family&oldid=1109885885, Articles needing additional references from October 2021, All articles needing additional references, Creative Commons Attribution-ShareAlike License 3.0, The Hon. Starmers allies have been claiming for some time that he is attracting back former party supporters from the business world, as well as winning new ones. Lady Sainsbury is a Trustee of the Royal Academy of Music. 2023 Centre for Cities This ran from 1973 until 1995 when the completion of the Lady Chapel was marked by the unveiling of new stained glass in the west window of the Lady Chapel. David Sainsbury read History and Psychology at Kings College, Cambridge and received an M.B.A. from the Columbia Graduate School of Business in New York. He was the son of Alan Sainsbury, Baron Sainsbury, and the nephew of Sir Robert . Lord Sainsbury gave the UK's biggest ever political donation to the Liberal Democrats in the run up to last year's election, only for the party to lose a seat and its leader. On JD Sainsbury's retirement as chairman and chief executive on 2 November 1992, David Sainsbury became chairman. He subsequently apologised for "unintentionally" misleading the public, blaming a mix-up between the 2 million loan and a 2 million donation he had made earlier. Parliament operator: 020 7219 3000 Message service: 020 7219 5353 Postal mail Address your letter to a specific member, and post to: House of Lords, London, SW1A 0PW Bulk mailshots to members are not accepted. The former chairman of the supermarket chain was 94. Copyright 2023 Cambridge Industrial Innovation Policy, Chancellor of the University of Cambridge, UK. Appointed to the board in 1958. Posted by ; jardine strategic holdings jobs; how to dominate a neighborhood with real estate farming . This article was amended on 17 January 2022. Robert Butler-Sloss, son of, The Hon. He was the group's Finance Director from 1973 to 1990, during which time the company grew rapidly. [44] She was appointed DBE in the 2022 Birthday Honours, for "services to the Arts, ", "SAINSBURY FACES INQUIRY ABOUT 2m LOAN - FT.com", Ministers quizzed in donor probe. In 2013 his book Progressive Capitalism: How to Achieve Economic Growth, Liberty and Social Justice was published. David Sainsbury became Lord Sainsbury of Turville in October, 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. [39] However, his nomination became the first in 163 years to be contested by another candidate when, on 29 May, local shopkeeper Abdul Arain stood in protest at a planning application for a Sainsbury's Local branch in Cambridge's Mill Road district, triggering a contest that would have to wait until an October ballot. This fall from around 35% increases the possibility of any takeover attempt succeeding. The party was also overtaken by Labour over the period. There was also the Linbury studio theatre attached to the Royal Opera House, the Linbury biennial prize for stage design and a 25m donation to the British Museum. David John Sainsbury, Baron Sainsbury of Turville, HonFRS, HonFREng[1] (24 October 1940) is a British politician, businessman and philanthropist. [41][42] On 20 June, socialist barrister Michael Mansfield became the third candidate to oppose Sainsbury. David Sainsbury was born into a strong family tradition of philanthropy. [34] In 2009, he allocated a further 465 million to the foundation, making him the first Briton to donate more than 1 billion to charity. The Lord Sainsbury of Turville David Sainsbury HonFBA FMedSci HonFREng FRS. Lord Sainsbury of Preston Candover is deceased. The last family chairman was David Sainsbury who retired as chairman of the company in 1998. He was a keen art collector and an influential advocate for the Contemporary Art Society, making a significant contribution to the organisation personally as well as through . His championing and bankrolling of pro-EU groups could also be used by the Tories to attack Labour. He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for . Private donations to the Labour party have hit a 14-year high, thanks to the Sainsbury family. Mark Sainsbury, son of John Davan Sainsbury. [17] On 10 November 2006, he resigned as Science Minister, stating that he wanted to focus on business and charity work. [31][32] In 1993, he donated 200 million of Sainsbury's shares to the Foundation's assets. [citation needed] He has argued that there are "far too many reshuffles", and that there were considerable benefits to his remaining in post for so long. The couple divorced when their son was 12 and John was sent to Stowe school and subsequently studied history at Worcester College, Oxford, for which the family became major benefactors, supplying a residential block for students. Euro heavyweight 'make contact' with Man Utd as shock Mason Greenwood move takes shape. We, AOL, are part of the Yahoo family of brands. This is the contact form to use for any general enquiries. registered in England (No6215397). The other theory could be that the most senior members of the family, with previous stakes of over 3% (the reportable stock exchange shareholding threshold), could have simply transferred some of their shares to their children (who previously held few shares), rather than having sold shares onto the open market. [10] The 'continuing' SDP was wound up in 1990, and Sainsbury changed allegiance back to the Labour Party, rejoining them in 1996. John McDonnell, the shadow chancellor under Corbyn, has previously suggested that the peer should be expelled for his support of the Lib Dems. Lord Sainsbury of Preston Candover, life president of supermarket chain Sainsbury's and a Conservative peer, has died aged 94. He is also the author of two Fabian pamphlets Government and Industry: A New Partnership and Science and Innovation Policies in a Global Economy and is co-author with Christopher Smallwood of Wealth Creation and Jobs published by the Public Policy Centre. He was appointed as Chancellor of Cambridge University in 2011. Save. His full title was The Lord Sainsbury of Preston Candover KG. He is a major donor to the University of Cambridge and, in 2011, was elected Chancellor of the University of Cambridge. RMG5DMY6 - Lord Sainsbury of Turville, Department of Trade and Industry Parliamentary Secretary, at a photo call at the DTI in central London. Read more about The Gatsby Charitable Foundation , David speaks at the Said Business School, University of Oxford, about his new book, Progressive Capitalism, which outlines a thoroughly capitalist approach, but one which seeks to create a fairer and more just society. According to the directors' report of 2001, "Christopher Stone, Andrew Cahn and John Rosenheim are . FT Alphaville Stacy-Marie Ishmael. In a development claimed by Starmers allies as a sign of rising support within the business world, Lord Sainsbury, the former chairman of the Sainsburys supermarket chain, said he had been attracted back to Labour by its leaders desire to reunite the country around an agenda of economic growth and social justice. During 2016 he had donated 260,000 to Progress in addition to backing "Remain" organisations. Starmers leadership received a ringing endorsement from Sainsbury, but the donation may cause controversy on the Labour left. David Sainsbury began his professional career when he joined the UK retailer J Sainsbury plc in 1963. Please note that fraudsters are currently sending emails reporting to be from Gatsby - we do not contact people offering grants from webmail accounts, and urge you to please report any such emails to help others stay safe. In 1956, Sainsbury became chairman after the death of his father, John Benjamin. [6] To further his philanthropy interests, he placed 92million of his shares (representing 5.28% of the Company's share capital), into his investment vehicle, Innotech Advisers Ltd (which donates all its dividends to charity), meaning his beneficial stake is just 0.57% (lower than JD's 1.6% beneficial interest). info@centreforcities.org Replying to . His name was John Davan Sainsbury. A Labour spokesperson said: Donors are coming back to Labour because they can see we are a changed party that is serious about getting into government and building a fairer, greener, more dynamic Britain. [40] Four days later, a group of Cambridge University alumni successfully drafted actor Brian Blessed as an alternative candidate. It was said by the Financial Times to be "one of the biggest donations ever made to a British university surpassed only by a 2000 gift to the university by the Bill and Melinda Gates Foundation. Philanthropist Lord Sainsbury was a generous donor to the Westminster Abbey Appeal Fund which raised millions of pounds for restoring the exterior of the Abbey and also Henry VII's Lady Chapel. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. He became a director in 1966. He served on a wide range of boards and as a trustee for institutions including the Royal Ballet School, the Royal Opera House, Dulwich Picture Gallery, the National and Tate galleries, the Ashmolean Museum, the Rhodes Trust and the Nelson Mandela childrens fund. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. Lord David Sainsbury Chancellor of the University of Cambridge, UK David Sainsbury read History and Psychology at King's College, Cambridge, and then joined J Sainsbury plc in 1963. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. Please complete the boxes below and click the submit button. The manor house has since been rebuilt as Turville Park, a fine stately home in the village. In 2003 Sainsbury was granted the Andrew Carnegie Medal for Philanthropy. In 2001, the Sainsbury Trusts donated some $90 million to a wide range of good causes both in Great Britain and abroad. He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. Sainsbury has been a long-time patron of the socialist society Scientists for Labour. However, the Sainsbury family have managed to use their remaining stake to block takeover bids in the past, as demonstrated by the two failed takeover bids in 2007. A year later, following the Labour Party's election victory, he entered the House of Lords as a Labour peer, being created Baron Sainsbury of Turville, of Turville in the County of Buckinghamshire, on 3 October 1997. Profits fell the next year, but rose in 1998. The last family member to work for the company was Tim Sainsbury who retired as a non-executive director in 1999. 251988 The Gatsby Charitable Foundation. Quarry announced he had left the Conservatives during Liz Trusss leadership, declaring that she and her then chancellor, Kwasi Kwarteng, were zealots following a policy of GCSE economics. David Sainsbury read History and Psychology at Kings College, Cambridge, and then joined J Sainsbury plc in 1963. On his retirement as chairman, to avoid any conflict of interest, David Sainsbury placed his then 23% stake in Sainsbury's into a "blind" trust, to be administered by lawyer Judith Portrait. I have a life-long interest in education and have supported many projects in schools and universities through my Charitable Foundation. Fran Perrin, his daughter, also gave the party a 500,000 donation in 2022. [15][16], In July 2006, he became the first government minister to be questioned by police in the "Cash for Peerages" inquiry. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. He was Chairman of the Governing Body of the London Business School from 1991 1998 and founded and chairs the Institute for Government. In 2021 The Sunday Times named the Sainsbury family among the most charitable people for the last 20 years with donations of 3.625 billion.[6][7]. Self . Honorary Fellow. [12] He donated a further 2 million on 7 September 2007, stating that he was impressed by Gordon Brown's leadership and believed "that Labour is the only party which is committed to delivering both social justice and economic prosperity". He was Financial Controller from 1971 to 1973, just before the company's flotation. Although there were senior management changes, which included David relinquishing the chief executive's role to Dino Adriano and becoming non-executive chairman, there were no new directors or outsiders appointed to the senior management team. He was an honorary fellow of his old college for many years. After the 1983 election, he prompted the party to give more priority to recruiting members and finding a firm financial base; he was by far the biggest donor to the party, and a trustee,[8] giving about 750,000 between 1981 and 1987. Lord John Sainsbury of Preston Candover was the president of Sainsbury's and also sat in the House of Lords as a member of the Conservative Party. Sainsbury was not seen as a bid target until it reported in February that the Sainsbury family had reduced its total stake by three per cent, 52 million shares. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. "[37], In 2013, together with his wife Susie, he joined the Giving Pledge, the group started by Warren Buffett and Bill and Melinda Gates, pledging to donate half his fortune to charitable trusts during his lifetime. [14][verification needed], In April 2006, it was reported Sainsbury "faced a possible probe into an alleged breach of the ministerial code after admitting he had failed to disclose a 2 million loan he had made to the Labour Party despite publicly stating that he had." Sainsbury founded the Gatsby Charitable Foundation in 1967. In 1996, Sainsbury's announced its first drop in profits in 22 years, and the first of three profits warnings during his chairmanship was issued. At this point, David Sainsbury, who had wanted to step down at the end of 1997, made a surprise announcement of his retirement as chairman to pursue his long-held ambition to have a career in politics, after "32 enjoyable and fulfilling years" working for Sainsbury's. There is also in the vestibule of this chapel an enamelled plaque which reads: This image can be purchased from Westminster Abbey Library, Image 2023 Dean and Chapter of Westminster. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. Search: David Sainsbury. lord sainsbury contact2nd battalion, 4th field artillery regiment. His great-grandparents, John James Sainsbury and Mary Ann Staples, established a grocer's at 173 Drury Lane in 1869 which became the British supermarket chain Sainsbury's. You can unsubscribe at any time by clicking the link in the footer of our emails. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. [3] Institutions whose creation they fostered include the following: Annabel Sainsbury (married name Annabel Kanabus) set up, with her husband, the international AIDS charity AVERT, and the charity GHE.