In the Sunday Times Rich List 2008 his family fortune was estimated at 1.3 billion. John Davan Sainsbury became chairman in 1969 on Sir Robert Sainsbury's retirement. Donations to Labour jumped by nearly a quarter to 4.7m understood to be the highest quarterly figure for six years. 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. 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. Mark Sainsbury, son of John Davan Sainsbury. John Davan Sainsbury, Lord Sainsbury of Preston Candover, KG, aged 94, died peacefully in his sleep, at home, after a long illness on 14 January 2022. He retained the presidency of the company and led successful family opposition to a takeover bid by private equity companies in 2007. The Sainsbury family has also set up a number of buildings, to house their various interests. Principal members of the founding family of the UK supermarket chain Sainsbury's are: No family member works for the company, although John Davan Sainsbury is the Life President of the firm. . David Sainsbury, who was consistently one of the largest donors under the last Labour government before withdrawing his support, has now renewed his backing with his first multimillion-pound donation since 2016. David Sainsbury, who was consistently one of the largest donors under the last Labour government before withdrawing his support, has now renewed his backing with his first multimillion-pound donation since 2016. The former chairman and chief executive of supermarket chain Sainsbury's, Lord Sainsbury of Preston Candover, has died aged 94, the company has announced. However, he says that along with his wealth he has . He could be a temperamental boss. From July 1998 to November 2006, he held the office of Parliamentary Under-Secretary of State for Science and Innovation at the Department of Trade and Industry, serving in the House of Lords and accepting no salary. Centre for Cities is a registered charity (No1119841) and a company limited by guarantee He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for Government. [citation needed] He is associated with[vague] the Labour Friends of Israel. This active involvement of the Foundations settlor means Gatsby operates in areas that David Sainsbury is particularly passionate about, and where he believes charitable funding can make a real difference. According to the directors' report of 2001, "Christopher Stone, Andrew Cahn and John Rosenheim are . Judith Portrait, Sainsbury's solicitors, holds a blind trust for Lord Sainsbury of Turville, as well as other settlements. Between the flotation in 1973 and John Sainsburys retirement in 1992 the companys market capitalisation rose from 117m to over 8bn. CIIP brings together the Centre for Science, Technology & Innovation Policy at the Institute for Manufacturing, the Policy Links Unit from IfM Engage, and the Babbage Policy Forum. During his 40-year career with the firm . On this Wikipedia the language links are at the top of the page across from the article title. From 1992 to 1997, he served as the Chair of Sainsbury's, the supermarket chain established by his great-grandfather John James Sainsbury in 1869. . Please complete the boxes below and click the submit button. Ivor Crewe, Anthony King, "SDP: The Birth, Life and Death of the Social Democratic Party", Oxford University Press, 1995, p. 249, 251. 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. He was Chairman of the Governing Body of the London Business School from 1991 1998 and founded and chairs the Institute for Government. He set up the Gatsby Charitable Foundation as an endowed grant-making trust in 1967, just four years after graduating from Kings College, Cambridge, having read History and Psychology. His name was John Davan Sainsbury. The Sunday Times reported in September 2006 that "The Sainsbury family continues to [sell] shares in the 6.2 billion retailer and for the first time their combined holding has fallen below 20%.. lord sainsbury contact. 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. Because of his importance to the Labour Party as a donor, contemporary press reports described him as "unsackable". Snapshot. He is the founder of the Gatsby Charitable Foundation, Centre for Cities and the Institute for . The flagship of this fleet of trusts is the Gatsby Charitable Foundation. Lady Sainsbury is a Trustee of the Royal Academy of Music. In 2007 he produced for the Government a review of the Governments science and innovation policies, The Race To The Top. Lord Sainsbury of Preston Candover. John Sainsbury, Lord Sainsbury of Preston Candover, who has died aged 94, was the driving force behind the family supermarket chain for 23 years as its determined chairman. Registered Charity No. [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. Anya Lucy Sainsbury, daughter of David Sainsbury, The Hon. Lord Sainsbury of Preston Candover is deceased. Lord David Sainsbury, former chair of the eponymous grocery store chain, has given 2mn to Labour in a giant enhance for Britain's primary opposition social gathering because it gears up for the following common election. Branches more than quadrupled in size, from an average 8,000 sq ft to nearly 35,000 sq ft, and the range of products increased from 4,000 to 16,000, half of them own-brand. Lord Sainsbury at a Wedding in Berkshire. ", "SAINSBURY FACES INQUIRY ABOUT 2m LOAN - FT.com", Ministers quizzed in donor probe. 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. He also wants to reunite the country around an agenda of economic growth and social justice, which is one I strongly support. Sainsbury joined the family firm, then known as J. Sainsbury Ltd., in 1963, working in the personnel department. Robert Butler-Sloss, son of, The Hon. He became a director of the company in 1958, followed by Deputy Chairman in 1967, a role which he took over from his father. [28], During the 2019 United Kingdom general election campaign Sainsbury donated 8 million to the Liberal Democrats, over half the party's election funding, making its election donations larger than the Labour Party's.[29]. I am proud to be a Cambridge graduate and know both British and foreign universities as a result of my eight . Keir Starmers election war chest has been given an extraordinary boost after one of the biggest New Labour-era donors returned to the party fold with a 2m donation, the Observer can reveal. He was Finance Director of J. Sainsbury plc from 1973 through 1990, Deputy Chairman from 1988 through 1992, and Chairman from 1992 through 1998. After national service with the army in Palestine, he joined the family firm in 1950, becoming a buyer the following year and being put in charge of bacon purchases in 1956. He was appointed as Chancellor of Cambridge University in 2011. David Sainsbury read History and Psychology at Kings College, Cambridge, and then joined J Sainsbury plc in 1963. Camilla Sainsbury, daughter of Timothy Sainsbury, married to Conservative, later Labour, James Sainsbury, son of Timothy Sainsbury, Alexander Sainsbury, son of Timothy Sainsbury, Jessica de Frankopan, daughter of Timothy Sainsbury and married to, Paulette Sainsbury, only daughter of Alan Sainsbury (1946); known by married name Paulette Anderson, Lindsey Anderson, daughter of Paulette Anderson, The Hon. 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. [4] Adrian Kanabus has set up Adrians Charity.[5]. We, AOL, are part of the Yahoo family of brands. I believe that Keir Starmer has the leadership skills and ability to deal with the economic difficulties we currently face, he said in a statement. A exit poll has shown that former Labour minister Lord Sainsbury is on course to be elected Chancellor of Cambridge University, with a clear lead over actor Brian Blessed and lawyer Michael Mansfield. 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. [citation needed]. CONTACT US + 44 207 451 2500 (Lines open Mon-Fri, 9:00-17:00. He became a director in 1966. [44] She was appointed DBE in the 2022 Birthday Honours, for "services to the Arts, Lord Sainsbury of Turville's full title is The Lord Sainsbury of Turville. [20], Sainsbury has also been associated with the Institute for Public Policy Research and Progress. The Gatsby Charitable Foundation is an endowed grant-making trust established in 1967 by David Sainsbury which acts as the enabler for projects across a small number of selected fields. Remembering Lord Sainsbury. Perhaps more than. Parliamentary career. Sainsbury married the former ballet dancer Anya Linden in 1963 and the couple established the Linbury charitable trust a combination of their two names to channel donations eventually totalling more than 150m to projects largely devoted to art and the performing arts, heritage and educational projects. John Julian Sainsbury, son of John Davan Sainsbury, The Hon. 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. He received an M.B.A. from the Columbia Graduate School of Business in New York in 1971. If you would like to customise your choices, click 'Manage privacy settings'. His name is David John Sainsbury, and he has retired from the House of Lords. As a government minister since 1998, his shares were held in a blind trust until 2007. Excludes bank holidays) 6-9 Carlton House Terrace, London SW1Y 5AG . The Sainsbury family are also major benefactors to English Heritage and the National Trust for Places of Historic Interest or Natural Beauty.