Steve Morgan included in Sunday Times list of notable philanthropists

Steve Morgan has been included in a prestigious list of 30 of the most notable philanthropists of the last two decades.

The list has been published by The Sunday Times alongside their annual Rich List and Giving List.

To mark the 20th year of the Giving List, The Sunday Times has compiled a list of 30 philanthropists based on the sums of money given to, or spent by, charities in which individuals or their families have a controlling interest.

The list is headed up by Uzbek-born billionaire Alisher Usmanov at £4.2bn and also includes businessman Sir James Dyson and singer Sir Elton John.

Mr Morgan, who founded the Steve Morgan Foundation in 2001, is in 16th position having committed assets totalling £300m in that time.

The founder of Redrow said: “It’s a real honour to be included in the list. I set the Steve Morgan Foundation up to support charities that help children and families, people with physical or learning disabilities, the elderly, or those that are socially disadvantaged in Merseyside, Cheshire and North Wales.That need is still there today.”

Mr Morgan said he was heartened by the fact that for the first time in the 20-year history of The Sunday Times Giving List, charitable donations topped £4billion.

“I’ve always felt those people who are fortunate to have money should help the most vulnerable members of society,” he said. “Covid-19 created an unprecedented challenge, which is the reason why the Steve Morgan Foundation distributed a record £27m last year.”

Mr Morgan was also ranked 31st in the main Giving List.

Alastair McCall, editor of The Sunday Times Rich List, said: “When we published our first Giving List in 2002 it was with the intention of stimulating philanthropy, of shining a light on the good that flowed from wealth generation.

“We shared the aim of the late Lord Joffe, chairman of our partner the Giving Campaign: ‘We want to raise the level of giving to charities, so individuals who do not give will begin, and those who already do will give more.’

“Our initiative did not meet with universal approval. Some accused us of  ‘impertinence’ when we asked how much they had given; others threatened to report us to the police for making such a ‘vulgar’ inquiry.

“Fortunately most embraced the idea. While many figures are available from the Charity Commission, Companies House and the Scottish Charity Regulator, philanthropists provide us with additional insights. We are grateful for their support.”

 

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