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:
“Whenever any form of government shall become destructive of these ends, it is the right of the people to alter or to abolish it, & to institute new government, laying its foundation on such principles & organising its powers in such form, as to them shall seem most likely to effect their safety & happiness.”
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