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1. Charitable Giving<br />
Chapter 5<br />
Fortnum & Mason - The Community<br />
Fortnum & Mason’s holding company is Wittington Investments Ltd,<br />
which is 79% owned by the Garfield Weston Foundation. In 2009 The<br />
Foundation supported 1518 charitable appeals, with the total cash<br />
donation of £37.6m, £9.7m of which was for charities based in London.<br />
In 2011, Fortnum & Mason is hoping to return to profit and will then begin<br />
making contributions to the Foundation.<br />
In the meanwhile we recognise the importance of supporting charities in<br />
the local community and we work in a variety of ways to support local<br />
and national charities.<br />
The Princes Trust is a charity which helps to change young lives.<br />
It gives practical and financial support, developing key workplace skills<br />
such as confidence and motivation. It works with 14-30 year olds who<br />
have struggled at school, have been in care, are long term unemployed or<br />
have been in trouble with the law.<br />
The Prince’s Trust helps more than 40,000 such disadvantaged young<br />
people every year, giving them they confidence and skills to get a job.<br />
In 2009, more than 80% of young people who went on The Prince’s Trust<br />
programmes moved into work, education or training.<br />
Fortnum & Mason will be offering work placements in retail, hospitality,<br />
and warehousing, will be mentoring young people on the programme and<br />
is aiming to raise £100,000 through staff involvement over the 3 years.<br />
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