Foundation
In 1959, Weston and his wife Reta established the Garfield Weston Charitable Foundation. The foundation adopted a philosophy that since it was the hard work of employees that built a successful Canadian business that its philanthropy should be directed to the benefit of Canadians. One of its first major donations was a $1 million gift to the Banting and Best Institute for diabetes research at the University of Toronto. Around the same time, Weston established a similar foundation in Great Britain. Today, The W. Garfield Weston Foundation in Canada and the Garfield Weston Foundation in the United Kingdom maintain that charitable legacy.
Read more about this topic: W. Garfield Weston
Famous quotes containing the word foundation:
“Beautiful credit! The foundation of modern society. Who shall say that this is not the golden age of mutual trust, of unlimited reliance upon human promises? That is a peculiar condition of society which enables a whole nation to instantly recognize point and meaning in the familiar newspaper anecdote, which puts into the mouth of a distinguished speculator in lands and mines this remark:M”I wasn’t worth a cent two years ago, and now I owe two millions of dollars.””
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“But I hate things all fiction ... there should always be some foundation of fact for the most airy fabric—and pure invention is but the talent of a liar.”
—GGeorge Gordon Noel Byron (1788–1824)
“In a country where misery and want were the foundation of the social structure, famine was periodic, death from starvation common, disease pervasive, thievery normal, and graft and corruption taken for granted, the elimination of these conditions in Communist China is so striking that negative aspects of the new rule fade in relative importance.”
—Barbara Tuchman (1912–1989)