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:
“No genuine equality, no real freedom, no true manhood or womanhood can exist on any foundation save that of pecuniary independence. As a right over a man’s subsistence is a power over his moral being, so a right over a woman’s subsistence enslaves her will, degrades her pride and vitiates her whole moral nature.”
—Susan B. Anthony (1820–1907)
“The poet needs a ground in popular tradition on which he may work, and which, again, may restrain his art within the due temperance. It holds him to the people, supplies a foundation for his edifice; and, in furnishing so much work done to his hand, leaves him at leisure, and in full strength for the audacities of his imagination.”
—Ralph Waldo Emerson (1803–1882)
“But in every constitution some large degree of animal vigor is necessary as material foundation for the higher qualities of the art.”
—Ralph Waldo Emerson (1803–1882)