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21-561: The charity was founded in 1961 by Ian Fairbairn , a pioneer of unit trust investments, and named for his second wife who was killed in World War II . Her sons, Paul and Oliver Stobart, were co-founders. The endowment gave the charity 33% of the shares in the M&;G fund management company, and a regular income. This ended when M&G was sold to Prudential Corporation in 1999, but the sale allowed alternative investments that increased

42-540: A coxless pair with Bruce Logan . In 1923 Fairbairn stroked the Thames crew which won the Grand Challenge Cup , and was again stroke in the Thames crew that made up the eight rowing for Great Britain at the 1924 Summer Olympics , finishing fourth. He was Captain of Thames (again following his father) in 1933, a vice president from 1927 to 1967 and President from 1967 until his death a year later. He

63-611: A grant of £30,000 for his more ambitious proposals, and in 1801 the school for staff officers at High Wycombe became the Senior Department of the new Military College. In 1802, having been appointed as the first Lieutenant Governor of the College, Le Marchant opened its Junior Department at a large house called Remnantz in West Street, Great Marlow , to train gentleman cadets for the infantry and cavalry regiments of

84-425: A response to structural inequality , climate change and COVID-19 , the charity changed its strategy to providing longer-term support to predetermined areas rather than responding to requests. The objective was to ensure it achieved as much as it could with its resources and access, in particular collaborating with other like-minded organisations. As income from the charity's endowment and the number of grants grew in

105-498: A second time in 1941, to Esmée V. H. Bethell (also known as Esmée Stobart from her earlier marriage, from which she had two sons). She was killed in an air-raid by a flying bomb in 1944. In 1961 he created the Esmée Fairbairn Foundation as a memorial to his second wife, transferring his personal holding in M&G Group plc to the trust. This endowment allowed it to become one of the larger charities in

126-409: The 1924 Summer Olympics , and later rose to the position of chairman of the M&G fund management company. Fairbairn was the son of Steve Fairbairn and his wife Eleanor née Sharwood. He went to school at Eton . Fairbairn married Cynthia Isabelle Theresa Arbuthnot, daughter of Gerald Arbuthnot , MP for Burnley on 27 July 1925. They had two children and were divorced in 1941. He was married

147-822: The British Army and for the presidency armies of British India . 1802 was the same year as the founding of the French Army 's Saint-Cyr and of West Point in the United States . General Sir William Harcourt was appointed as the first Governor of the Royal Military College at Great Marlow and continued in post until 1811. In January 1809, the East India Company established its own East India Military Seminary at Addiscombe to train officers for its armies. In 1812,

168-479: The Royal Artillery and Royal Engineers from 1741 to 1939) and the Royal Military College (1802 to 1942), with the objective of providing officer training for all arms and services. The Royal Military College was originally led by a governor, who was a figurehead, often non-resident, a lieutenant governor, who had actual day-to-day command of the college, and a commandant, who was the officer in charge of

189-587: The 1990s, the number of trustees was increased and administrative staff were appointed. An investment committee was also required, after the initial endowment was sold. Since 2008 the charity has made some social investments . Trustees include Sir Jonathan Phillips (chair, from 2019), Tom Chandos, Joe Docherty, John Fairbairn, Beatrice Hollond, Thomas Hughes-Hallett , Kate Lampard , William Sieghart , Eleanor Updale and Edward Bonham-Carter . Past chairs were Jeremy Hardie from 2003 to 2007, Tom Chandos and then James Hughes-Hallett until 2019. Edgar Palamountain

210-542: The College's Junior Department moved from Great Marlow into purpose-built buildings at Sandhurst designed by James Wyatt , and was soon joined there by the Senior Department, migrating from High Wycombe. In 1858 this became a separate institution, the Staff College . On the outbreak of the Second World War, many of the cadets and staff of the Royal Military College were mobilised for active service, but

231-634: The Guards Machine Gun Regiment on 31 January 1919, and resigned his commission on 1 May 1919. He was badly wounded during the war. Fairbairn appears to have held a reserve commission during the Second World War . He was a member of Thames Rowing Club , as was his father, taking part in a race on the Thames at Putney on 12 April 1919. In 1920 he was runner up in Silver Goblets at Henley Royal Regatta in

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252-625: The UK. After leaving school, Fairbairn attended Royal Military College Sandhurst , and was commissioned as a second lieutenant in the Royal Horse Guards on 11 November 1914. He was posted to France on 19 May 1915, having just been promoted to lieutenant on 14 May. He transferred to the Guards Machine Gun Regiment on 12 August 1918, and was promoted captain on 18 October 1918. He ceased to be employed with

273-955: The area of economics and mathematics. Examples include the annual Esmée Fairbairn Lecture at the University of Lancaster, an Esmée Fairbairn Junior Research Fellowship in Mathematics at New College, Oxford and the Esmée Fairbairn Chair of Finance at the London Business School from 1966 to 1976. In the 1970s the charity began to fund projects in the arts, environment and heritage as well. It now focuses on areas where other funders are unlikely to be available. This includes novel and more risky projects. It may provide core funding and loans rather than grants. The foundation also initiates some projects such as "Rethinking Crime & Punishment" in 2002–2005. In 2020, as

294-637: The buildings at Sandhurst remained the home of the RMC's 161 Infantry Officer Cadet Training Unit . In 1942, this unit moved to Mons Barracks, Aldershot , and for the rest of the war the Sandhurst campus was used as a Royal Armoured Corps Officer Cadet Training Unit. In 1947, a new Royal Military Academy Sandhurst was formed on the site of the Royal Military College, merging the Royal Military Academy, Woolwich (which had trained officers for

315-491: The college, the Royal Military Academy, Woolwich , had been established in 1741 to train artillery and engineer officers, but there was no such provision for training infantry and cavalry officers. The Royal Military College was conceived by Colonel John Le Marchant , whose scheme for establishing schools for the military instruction of officers at High Wycombe and Great Marlow first met strong resistance on

336-492: The grounds of cost. There were already some small private military academies for aspiring infantry and cavalry officers in existence, notably one which had been operated at Chelsea by Lewis Lochée from about 1770 until he closed the academy in 1790, but none of them had any formal approval by the British government. In 1799, Le Marchant established a school for staff officers at High Wycombe . In 1801, Parliament voted

357-481: The income of the charity. The foundation funds projects in the arts, education and learning, the environment and social change. The charity gives £20–40 million annually in grants or investments towards conservation work, community energy projects, national parks and biodiversity work. The charity initially funded projects to increase understanding and research in economics, as well as social welfare. This included lectures, research fellowships and professorial chairs in

378-499: Was a British Army military academy for training infantry and cavalry officers of the British and Indian Armies. The RMC was reorganised at the outbreak of the Second World War , but some of its units remained operational at Sandhurst and Aldershot . In 1947, the Royal Military College was merged with the Royal Military Academy, Woolwich , to form the present-day all-purpose Royal Military Academy Sandhurst . Pre-dating

399-715: Was a Steward of Henley Royal Regatta from 1948 until his death. After the First World War, Fairbairn worked at the London Stock Exchange and in Paris for several years. He also studied at the London School of Economics . He pioneered the unit trust industry at M&G Investments which he joined in 1935 as an investment manager. From 1943 he was chair of M&G. He believed that investments in equities should be available to everyone so that there

420-805: Was a wider ownership of stakes in the nation's economy. In 1955 he became chair of the parent group, White Drummond. He resigned as chair of both organisations in 1967. Fairbairn was the Unionist candidate for Burnley (his first father-in-law's old constituency) in the 1924 and 1929 general elections ; on both occasions he came second behind Labour's Arthur Henderson . Royal Military College Sandhurst The Royal Military College ( RMC ), founded in 1801 and established in 1802 at Great Marlow and High Wycombe in Buckinghamshire , England , but moved in October 1812 to Sandhurst , Berkshire ,

441-434: Was appointed in 1980 as the charity's first director (part-time) and was succeeded by Sir Robert Andrew in 1989. Margaret Hyde was appointed as director in 1994 and then Dawn Austwick was chief executive officer from 2008 to 2014 and was succeeded by Caroline Mason . Ian Fairbairn (rower) Stephen Ian Fairbairn (14 April 1896 – 5 December 1968) was a British financier and rower who competed in

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