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. 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. Alternatively you can write to us at: The Peak, 5 Wilton Road, London, SW1V 1AP, The Gatsby Charitable Foundation, The Peak, 5 Wilton Road, London, SW1V 1AP. Replying to . Sainsbury joined the family firm, then known as J. Sainsbury Ltd., in 1963, working in the personnel department. During the private equity takeover bid in the first half of 2007, David indicated he was willing to let the Sainsbury's board open its books for due diligence if someone offered him a price of 600 pence per share or more. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. He was deputy chairman from 1988 to 1992. 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. The largest shareholder is the Qatar Investment Authority, the investment vehicle of the Qatari royal family of the Gulf Kingdom, who as of May 2011 holds 25.999% of the company. Read more David Sainsbury at the University of Oxford, Martin Kettle writes in The Guardian about the analysis of Labours political economy in Progressive Capitalism in the context of Ed Milibands speech at Labour Party Conference this week Read more Martin Kettle Comment on Progressive Capitalism, David was interviewed by The Economist about his book, Progressive Capitalism: http://www.economist.com/blogs/prospero/2013/06/progressive-capitalism, General enquiries: office@davidsainsbury.org.uk, Media enquiries: media@davidsainsbury.org.uk, Materials here may be freely reused by media and others giving credit to davidsainsbury.org.uk under the terms of the Creative Commons By-Attribution licence 3.0, Site design by Helpful Technology using WordPress, David Sainsbury at the University of Oxford, Martin Kettle Comment on Progressive Capitalism, Read more about The Gatsby Charitable Foundation , David Sainsbury at the University of Oxford, Martin Kettle Comment on Progressive Capitalism, Creative Commons By-Attribution licence 3.0. Learn how and when to remove this template message, Parliamentary Under-Secretary of State for Science and Innovation, "David Sainsbury, Baron Sainsbury of Turville", 2016 European Union membership referendum, became the first in 163 years to be contested by another candidate, John Sainsbury, Baron Sainsbury of Preston Candover, KG, "Lord Sainsbury gave biggest political donation in history", "An Interview with Sir Robert and Lady Sainsbury", "Cash for honours: What am I bid? 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 . [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." In October 1997 he was made a life peer, becoming Lord Sainsbury of Turville. The Sainsbury family (also Lord Sainsbury and family and incorrectly the Sainsbury's family) founded Sainsbury's, the UK's second-largest supermarket chain. ", "SAINSBURY FACES INQUIRY ABOUT 2m LOAN - FT.com", Ministers quizzed in donor probe. Contact. Private donations to the Labour party have hit a 14-year high, thanks to the Sainsbury family. Euro heavyweight 'make contact' with Man Utd as shock Mason Greenwood move takes shape. The family sold down their stake from 35% in 2005. John James Sainsbury (c.1844 - c.1928), co-founder of the Sainsbury's supermarket chain. Lord Sainsbury of Preston Candover. 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. 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. Lord Sainsbury was a regular donor to the Labour party for years but surprised Westminster by giving the beleaguered Lib Dems two donations totalling a massive 2.1million in 2016. Sainsbury has given many millions over decades, but his last big gift to the general Labour pot was back in 2010. Mark Sainsbury, son of John Davan Sainsbury. David Sainsbury became Lord Sainsbury of Turville in October, 1997 and was appointed Minister of Science and Innovation from July 1998 until November 2006. 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. Sainsburys return follows the defection of multimillionaire Conservative donor Gareth Quarry, who has given Labour 100,000 and promised more. This contains the Sainsbury coat of arms among many others who were donors or fundraisers and was designed by John Lawson. The Hon. [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). Sainsbury joined the Labour Party in the 1960s, but was one of the 100 signatories of the 'Limehouse Declaration' in an advertisement in The Guardian on 5 February 1981;[7] he went on to be a member of the Social Democratic Party (SDP) formed by the authors of the Declaration. 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]. Moved into trading as a biscuit buyer. He was knighted in 1980, and given a life peerage in 1989. Mr JD, as he was known within the company, was said to be a retailer to his fingertips, personally tasting each of the companys product lines before it went on sale and approving all packaging designs. 46K Views 10 Retweets 38 Quote Tweets 51 Likes Peter Green @PeterGreen1966 We use MailChimp as our marketing platform. Simon Sainsbury (1930-2006), son of Alan Sainsbury, quiet philanthropist who gave away 100 . Lord Sainsbury also visited the University's Advanced Manufacturing Research Centre (AMRC), which carries out world-leading research into advanced machining, manufacturing and materials and has more than 100 industrial partners, ranging from global giants like Boeing, Rolls-Royce, BAE Systems and Airbus to small companies. Save. 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. By clicking to subscribe, you acknowledge that your information will be transferred to MailChimp for processing. He was the beloved husband of Anya, Lady Sainsbury, the adored father to Sarah, Julian and Mark and a much loved . In 1973 the company was floated on the stock market in what was described as the biggest flotation to that time, the family owning 85% of the stock, though that decreased substantially over time as shares were redirected to the familys web of charitable trusts and foundations. Before that, his last large donation to Labours central party funding pot was in 2010. This is the contact form to use for any general enquiries. His cousins have included Simon Sainsbury, Conservative peer John Sainsbury, Baron Sainsbury of Preston Candover, KG, and former Conservative MP Sir Tim Sainsbury. [26], After the 2017 general election, Sainsbury announced he would no longer provide financial backing to party political causes, but will donate to charitable causes. Today, the family has many interests, including business, politics, philanthropy, arts, and sciences. 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. However, he gave the same amount to the Liberal Democrats, and the funding to both parties was ringfenced for their doomed efforts campaigning to keep Britain inside the European Union. CONTACT US + 44 207 451 2500 (Lines open Mon-Fri, 9:00-17:00. Lord Sainsbury of Preston Candover, life president of supermarket chain Sainsbury's and a Conservative peer, has died aged 94. John Davan Sainsbury, Baron Sainsbury of Preston Candover, KG (2 November 1927 - 14 January 2022 [2]) was the President of Sainsbury's, a British businessman, and a politician. In November 2006 he left government after eight years service to concentrate on his business interests and philanthropy. When he became chairman in 1969 the fourth generation in the family firm since its foundation in the mid-19th century its profit of 4.3m was half that of Tesco and a ninth of Marks and Spencer. Lord David Sainsbury: Lord (David) Sainsbury of Turville was Science Minister in Tony Blair's government from 1998-2007. His beneficial holding became just 7.75% when he regained control of his shares in February 2007 following his decision to step down as Parliamentary Under-Secretary of State for Science and Innovation in November 2006. He was Chair of Savacentre from 1984 to 1993, during which time the hypermarkets business grew slowly. Get IQ. Sainsbury has been a long-time patron of the socialist society Scientists for Labour. particularly during Covid-19", described in the list as "Philanthropist". Your CA . Sarah Sainsbury, daughter of John Davan Sainsbury, married to Hon. [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. [44] She was appointed DBE in the 2022 Birthday Honours, for "services to the Arts, You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. 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 could be a temperamental boss. Registered Charity No. . Thanks to Keir Starmers leadership, the Labour party is in a strong and positive financial position, having experienced significant growth in income throughout 2022, leaving us debt and deficit-free., Original reporting and incisive analysis, direct from the Guardian every morning, David Sainsbury: Keir Starmer wants to reunite the country around an agenda of growth and social justice, which is one I strongly support.. John McDonnell, the shadow chancellor under Corbyn, has previously suggested that the peer should be expelled for his support of the Lib Dems. 1m? Please complete the boxes below and click the submit button. Donations from companies and wealthy individuals to Labour stood at less than 400,000 in 2020. Lord Sainsbury started working in his family's business in 1950, initially taking on a role in the grocery department. 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. 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. The equity interest in Sainsbury's held by the family as of May 2011 is 15%. The Hon. [31][32] In 1993, he donated 200 million of Sainsbury's shares to the Foundation's assets. Cambridge Industrial Innovation Policy, 17 Charles Babbage Road, Cambridge, CB3 0FS. 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. 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. 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. . Design and development by Soapbox, I would like to receive emails from Centre for Cities. Judith Portrait, Sainsbury's solicitors, holds a blind trust for Lord Sainsbury of Turville, as well as other settlements. He sat in the House of Lords as a member of the Conservative Party. Cambridge Industrial Innovation Policy is based at the Institute for Manufacturing (IfM), a division of the University of Cambridges Department of Engineering. 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. He became a director two years later and vice-chairman following his fathers retirement in 1967. 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. Lord John Sainsbury will be remembered for his devotion to the arts and cultural sector, alongside his other charitable interests, which include education access for young people, homelessness, independent living for older people, and humanitarian aid. During John Sainsburys chairmanship all the remaining 82 counter-service branches were closed and 313 large supermarkets replaced the previous 244 stores. 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. 5 Jun. I am proud to be a Cambridge graduate and know both British and foreign universities as a result of my eight years as Minister of Science and Innovation. This fall from around 35% increases the possibility of any takeover attempt succeeding.