London N7 9BG
101-487: Terrence Higgins Trust is a British charity that campaigns about and provides services relating to HIV and sexual health . In particular, the charity aims to end the transmission of HIV in the UK; to support and empower people living with HIV, to eradicate stigma and discrimination around HIV, and to promote good sexual health (including safe sex ). The Trust is generally considered the UK's leading HIV and AIDS charity, and
202-712: A 20-per cent stake in Malaysia's AirAsia X . On 13 October 2007, Branson's Virgin Group sought to add Northern Rock to its empire after submitting an offer that would result in Branson personally owning 30% of the company and changing the company's name from Northern Rock to Virgin Money . The Daily Mail ran a campaign against his bid; Vince Cable , financial spokesperson for the Liberal Democrats , suggested in
303-627: A Board of Taxation inquiry to consult with charities on the bill. However, due to widespread criticism from charities, the government abandoned the bill. Subsequently, the government introduced the Extension of Charitable Purpose Act 2004 . This act did not attempt to codify the definition of a charitable purpose but rather aimed to clarify that certain purposes were charitable, resolving legal doubts surrounding their charitable status. Among these purposes were childcare, self-help groups, and closed/contemplative religious orders. To publicly raise funds,
404-714: A CHY number from the Revenue Commissioners, a CRO number from the Companies Registration Office , and a charity number from the Charities Regulator. The Irish Nonprofits Database was created by Irish Nonprofits Knowledge Exchange (INKEx) to serve as a repository for regulatory and voluntarily disclosed information about Irish public benefit nonprofits. Charitable organizations in Nigeria are registerable under "Part C" of
505-472: A chain of health care clinics that would offer conventional medical care alongside homeopathic and complementary therapies, a development that was welcomed by Ben Bradshaw , the UK's health minister. Plans where GPs could be paid for referring National Health Service (NHS) patients to private Virgin services were abandoned in June 2008. The BMA warned the plan would "damage clinical objectivity", there would be
606-628: A charity in Australia must register in each Australian jurisdiction in which it intends to raise funds. For example, in Queensland, charities must register with the Queensland Office of Fair Trading . Additionally, any charity fundraising online must obtain approval from every Australian jurisdiction that mandates such approval. Currently, these jurisdictions include New South Wales, Queensland, Victoria, Tasmania, Western Australia, and
707-527: A complex set of reliefs and exemptions from taxation in the UK. These include reliefs and exemptions in relation to income tax , capital gains tax , inheritance tax , stamp duty land tax , and value added tax . These tax exemptions have led to criticisms that private schools are able to use charitable status as a tax avoidance technique rather than offering a genuine charitable good. The Transparency of Lobbying, Non-party Campaigning and Trade Union Administration Act 2014 subjects charities to regulation by
808-510: A cooperative. His business sold records for considerably less than the "High Street" outlets, especially the chain WHSmith . Branson once said, "There is no point in starting your own business unless you do it out of a sense of frustration." At the time, many products were sold under restrictive marketing agreements that limited discounting, despite efforts in the 1950s and 1960s to limit retail price maintenance . Branson eventually started
909-409: A disproportionate amount of their income to pay the salaries of their leadership. Financial figures (e.g. tax refund, revenue from fundraising, revenue from the sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators . This information can impact a charity's reputation with donors and societies, and thus
1010-634: A financial incentive for GPs to push patients toward the Virgin services at the centre. Plans to take over an NHS Practice in Swindon were abandoned in late September 2008. In February 2009, Branson's Virgin organization was reported as bidding to buy the former Honda Formula One team. Branson later stated an interest in Formula One , but claimed that, before the Virgin brand became involved with Honda or any other team, Formula One would have to develop
1111-537: A five-year contract for provision of a range of health services which had previously been under the aegis of NHS Surrey, the local primary care trust. By March 2015, Virgin Care was in charge of more than 230 services nationwide. In July 2012, Branson announced plans to build an orbital space launch system , designated LauncherOne . Four commercial customers have already contracted for launches and two companies are developing standardised satellite buses optimised to
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#17327837558781212-688: A global audience. The company was founded with author Deepak Chopra , filmmaker Shekhar Kapur , and entrepreneurs Sharad Devarajan and Gotham Chopra . Branson also launched the Virgin Health Bank on 1 February 2007, offering parents-to-be the opportunity to store their baby's umbilical cord blood stem cells in private and public stem-cell banks. In June 2006, a tip-off from Virgin Atlantic led both UK and US competition authorities to investigate price-fixing attempts between Virgin Atlantic and British Airways. In August 2007, British Airways
1313-516: A growing philosophical debate between those advocating for state intervention and those believing that private charities should provide welfare. The political economist, Reverend Thomas Malthus (1766–1834), criticized poor relief for paupers on economic and moral grounds and proposed leaving charity entirely to the private sector. His views became highly influential and informed the Victorian laissez-faire attitude toward state intervention for
1414-618: A list of charitable purposes in the Charitable Uses Act 1601 (also known as the Statute of Elizabeth), which had been interpreted and expanded into a considerable body of case law. In Commissioners for Special Purposes of Income Tax v. Pemsel (1891), Lord McNaughten identified four categories of charity which could be extracted from the Charitable Uses Act and which were the accepted definition of charity prior to
1515-572: A long tradition in Hinduism, Jainism, Buddhism, and Sikhism. Charities provided education, health, housing, and even prisons. Almshouses were established throughout Europe in the Early Middle Ages to provide a place of residence for the poor, old, and distressed people; King Athelstan of England (reigned 924–939) founded the first recorded almshouse in York in the 10th century. During
1616-536: A magazine named Student in 1966 with Nik Powell . The first issue of Student appeared in January 1968, and a year later, Branson's net worth was estimated at £50,000. The office for the venture was situated in the crypt of St. John's Church, off Bayswater Road , in London. Though not initially as successful as he hoped, the magazine later became a vital component of the mail-order record business Branson started from
1717-504: A million pounds in donations over the Christmas of 1991, with the proceeds of Queen's re-released chart-topper " Bohemian Rhapsody " going entirely to the charity, following the recent AIDS-related death of lead singer Freddie Mercury . After being diagnosed as HIV positive in 1987, Mercury had been concerned that financial support should be available to those less fortunate than himself. Lisa Power , former corporate head of policy at
1818-443: A more economically efficient and environmentally responsible image. At the start of the 2009 Formula One season on 28 March, it was announced that Virgin would be sponsoring the new Brawn GP team, with discussions also under way about introducing a less "dirty" fuel in the medium term. After the end of the season and the subsequent purchase of Brawn GP by Mercedes-Benz , Branson invested in an 80% buyout of Manor Grand Prix, with
1919-601: A passenger onboard Virgin Galactic Unity 22 at the edge of space , a suborbital test flight for his spaceflight company Virgin Galactic. The mission lasted approximately one hour, reaching a peak altitude of 53.5 miles (86.1 km). At 70, Branson became the third oldest person to fly to space. Richard Charles Nicholas Branson was born on 18 July 1950 in Blackheath , Royal Borough of Greenwich , London,
2020-520: A record shop in Oxford Street in London . In 1971, he was questioned in connection with the selling of records declared export stock. The matter was never brought before a court because Branson agreed to repay any unpaid purchase tax of 33% and a £70,000 fine. His parents re-mortgaged the family home to help pay the settlement. In 1972, using money earned from his record store, Branson launched
2121-425: A register of charities that have completed formal registration (see below). Organizations applying must meet the specific legal requirements summarized below, have filing requirements with their regulator, and are subject to inspection or other forms of review. The oldest charity in the UK is The King's School, Canterbury , established in 597 AD. Charitable organizations, including charitable trusts, are eligible for
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#17327837558782222-532: A stewardess. Fernandes escaped as the bet winner, as Lotus Racing ended tenth in the championship, while Virgin Racing ended twelfth and last. Branson kept his word after losing the bet, as he served his duty as a stewardess on an Air Asia flight between Perth and Kuala Lumpur on 12 May 2013. In 2010, Branson became patron of the UK's Gordon Bennett 2010 gas balloon race, which has 16 hydrogen balloons flying across Europe. In April 2012, Virgin Care commenced
2323-668: A third of the proceeds going to the trust. Activist Nick Partridge , who joined the Trust in 1985, was its chief executive until 2013. Ian Green was the charity's Chief Executive from 2016-23. Richard Angell became CEO on 1 March 2023. The charity's celebrity patrons have included Sir Richard Branson , Freddie Mercury, Simon Callow , Lord Cashman , Julian Clary , Dame Judi Dench , Tracey Emin , Stephen Fry , Paul Gambaccini , Sir Elton John , Caroline Quentin , Gaby Roslin , Dr Miriam Stoppard and George Michael . Charitable organization A charitable organization or charity
2424-678: A variation of the Virgin Galactic livery to his personal business jet, the Dassault Falcon 900EX "Galactic Girl" (G-GALX). He was ninth in The Sunday Times Rich List 2006 of the wealthiest people or families in the UK, worth slightly more than £3 billion. Branson wrote in his autobiography of the decision to start an airline. My interest in life comes from setting myself huge, apparently unachievable challenges and trying to rise above them ... from
2525-649: A young age. His first business venture, at the age of 16, was a magazine called Student . In 1970, he set up a mail-order record business. He opened a chain of record stores, Virgin Records —later known as Virgin Megastores —in 1972. Branson's Virgin brand grew rapidly during the 1980s, as he started the Virgin Atlantic airline and expanded the Virgin Records music label . In 1997, Branson founded
2626-613: Is a specific type of charity with its primary purpose being to alleviate suffering in the community, whether due to poverty, sickness, or disability. Examples of institutions that might qualify include hospices, providers of subsidized housing, and certain not-for-profit aged care services. Charities in Canada need to be registered with the Charities Directorate of the Canada Revenue Agency . According to
2727-618: Is an organization whose primary objectives are philanthropy and social well-being (e.g. educational , religious or other activities serving the public interest or common good ). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation , the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. However, some charitable organizations have come under scrutiny for spending
2828-468: Is manufactured by The Spaceship Company , which was founded by Branson and Rutan and is now solely owned by Virgin Galactic. In 2013, Branson said that he planned to take his two children, 31-year-old Holly and 28-year-old Sam, on a trip to outer space when they ride the SpaceShipTwo rocket plane on its first public flight, then planned for 2014. As part of his promotion of the firm, Branson has added
2929-511: Is operated by the Ministry of Social and Family Development . The legislation governing charitable activities and the process of obtaining charitable organization status is regulated by Ukraine's Civil Code and the Law of Ukraine on Charitable Activities and Charitable Organizations. According to Ukrainian law, there are three forms of charitable organizations: The Ministry of Justice of Ukraine
3030-551: Is the main registration authority for charitable organization registration and constitution. Individuals and legal entities, except for public authorities and local governments , can be the founders of charitable organizations. Charitable societies and charitable foundations may have, in addition to founders, other participants who have joined them as prescribed by the charters of such charitable associations or charitable foundations. Aliens (non-Ukrainian citizens and legal entities, corporations, or non-governmental organizations) can be
3131-476: Is the most common form of organization within the voluntary sector in England and Wales. This is essentially a contractual arrangement between individuals who have agreed to come together to form an organization for a particular purpose. An unincorporated association will normally have a constitution or set of rules as its governing document, which will deal with matters such as the appointment of office bearers and
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3232-536: Is very easy to set up and requires very little documentation. However, for an organization under the statute of loi 1901 to be considered a charity, it has to file with the authorities to come under the label of "association d'utilité publique", which means "NGO acting for the public interest". This label gives the NGO some tax exemptions. In Hungary , charitable organizations are referred to as "public-benefit organizations" ( Hungarian : közhasznú szervezet ). The term
3333-686: The Charities Act 2006 : Charities in England and Wales—such as Age UK, the Royal Society for the Protection of Birds ( RSPB ) and the Royal Society for the Prevention of Cruelty to Animals ( RSPCA ) – must comply with the 2011 Act regulating matters such as charity reports and accounts and fundraising. As of 2011 , there are several types of legal structures for a charity in England and Wales: The unincorporated association
3434-768: The Companies and Allied Matters Act, 2020 . Under the law, the Corporate Affairs Commission, Nigeria , being the official Nigerian Corporate Registry, is empowered to maintain and regulate the formation, operation, and dissolution of charitable organizations in Nigeria. Charitable organizations in Nigeria are exempted under §25(c) of the Companies Income Tax Act (CITA) Cap. C21 LFN 2004 (as amended) , which exempts from income tax corporate organizations engaged wholly in ecclesiastical, charitable, or educational activities. Similarly, §3 of
3535-485: The Electoral Commission in the run-up to a general election. Section 1 of the Charities Act 2011 provides the definition in England and Wales: The Charities Act 2011 provides the following list of charitable purposes: A charity must also provide a public benefit. Before the Charities Act 2006 , which introduced the definition now contained in the 2011 Act, the definition of charity arose from
3636-576: The Enlightenment era , charitable and philanthropic activity among voluntary associations and affluent benefactors became a widespread cultural practice. Societies, gentlemen's clubs , and mutual associations began to flourish in England , with the upper classes increasingly adopting a philanthropic attitude toward the disadvantaged. In England, this new social activism led to the establishment of charitable organizations, which proliferated from
3737-638: The House of Commons that Branson's criminal conviction for tax evasion might be felt by some as a good enough reason not to trust him with public money. In September 2023, Branson declared his decision against injecting additional funds into Virgin Galactic, his space travel company experiencing financial losses. He highlighted that his business empire no longer possesses extensive financial resources, indicating constraints on further investment. On 9 January 2008, Virgin Healthcare announced that it would open
3838-500: The Magdalen Hospital to rehabilitate prostitutes . These organizations were funded by subscriptions and operated as voluntary associations. They raised public awareness about their activities through the emerging popular press and generally enjoyed high social regard. Some charities received state recognition in the form of a royal charter . Charities also began to take on campaigning roles, championing causes and lobbying
3939-893: The Polish Historical Society , and the Polish chapter of the Wikimedia Foundation . The legal framework in Singapore is regulated by the Singapore Charities Act (Chapter 37). Charities in Singapore must be registered with the Charities Directorate of the Ministry of Community Development, Youth and Sports . One can also find specific organizations that are members of the National Council of Social Service (NCSS), which
4040-694: The SpaceShipTwo suborbital spaceplane designed for space tourism . In March 2000, Branson was knighted at Buckingham Palace for "services to entrepreneurship". Due to his work in retail, music, and transport, his taste for adventure, and for his humanitarian work, he has become a prominent global figure. In 2007, he was placed in the Time 100 Most Influential People in the World list. In June 2023, Forbes listed Branson's estimated net worth at US$ 3 billion. On 11 July 2021, Branson travelled as
4141-595: The Value Added Tax Act (VATA) Cap. V1 LFN 2004 (as amended) , and the 1st Schedule to the VATA on exempted Goods and Services goods zero-rates goods and services purchased by any ecclesiastical, charitable, or educational institutions in furtherance of their charitable mandates. A public benefit organization ( Polish : organizacja pożytku publicznego , often abbreviated as OPP) is a term used in Polish law . It
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4242-835: The Virgin Rail Group to bid for passenger rail franchises during the privatisation of British Rail . The Virgin Trains brand operated the InterCity West Coast franchise from 1997 to 2019, the InterCity CrossCountry franchise from 1997 to 2007, and the InterCity East Coast franchise from 2015 to 2018. In 2004, he founded spaceflight corporation Virgin Galactic , based at Mojave Air and Space Port in California, noted for
4343-481: The local government . Charities at the time, including the Charity Organization Society (established in 1869), tended to discriminate between the "deserving poor", who would be provided with suitable relief, and the "underserving" or "improvident poor", who was regarded as the cause of their woes due to their idleness. Charities tended to oppose the provision of welfare by the state, due to
4444-741: The Australian Capital Territory. Numerous Australian charities have appealed to federal, state, and territory governments to establish uniform legislation enabling charities registered in one state or territory to raise funds in all other Australian jurisdictions. The Australian Charities and Not-For-Profits Commission (ACNC) commenced operations in December 2012. It regulates approximately 56,000 non-profit organizations with tax-exempt status, along with around 600,000 other NPOs in total, seeking to standardize state-based fund-raising laws. A Public Benevolent Institution (PBI)
4545-477: The Canada Revenue Agency: A registered charity is an organization established and operated for charitable purposes. It must devote its resources to charitable activities. The charity must be a resident in Canada and cannot use its income to benefit its members. A charity also has to meet a public benefit test. To qualify under this test, an organization must show that: To register as a charity,
4646-716: The Charities Act (2009) legislated the establishment of a "Charities Regulatory Authority", and the Charities Regulator was subsequently created via a ministerial order in 2014. This was the first legal framework for charity registration in Ireland. The Charities Regulator maintains a database of organizations that have been granted charitable tax exemption—a list previously maintained by the Revenue Commissioners . Such organizations would have
4747-567: The Earth's climate. Branson also announced that he would be joined in the adjudication of the prize by a panel of five judges, all world authorities in their respective fields: Al Gore , Sir Crispin Tickell , Tim Flannery , James E. Hansen , and James Lovelock . In July 2007, Branson purchased his Australian home, Makepeace Island , in Noosa . In August 2007, Branson announced that he had bought
4848-973: The London club Heaven to gala screenings of Dracula and the comedy shows Hysteria and Filth... Hysteria 1 was a comedy benefit for Terrence Higgins Trust, produced by Stephen Fry. Hysteria 2 , on 18 September 1989 at the Sadler's Wells Theatre in London, benefited Terrence Higgins Trust. It was produced by Stephen Fry and broadcast on Channel 4 , with a telethon. Hysteria 3 , at the London Palladium on Sunday, 30 June 1991, benefited Terrence Higgins Trust. Stephen Fry hosted, with Steven Wright, Hugh Laurie, Elton John, Ruby Wax, Rowan Atkinson, Eddie Izzard, Craig Ferguson, Lenny Henry, Julian Clary, Josie Lawrence, Jools Holland, Dawn French, Jennifer Saunders, Ian McKellen, Edwin Starr, Clement Freud, Beverly Craven, Ben Elton, and Tony Slattery. The charity received almost
4949-427: The Terrence Higgins Trust, denounced the views of Pope Benedict XVI on the use of condoms to prevent AIDS and said: "We deeply regret the continued misinformation around condoms, which remain the most effective way of preventing the spread of HIV." In August 2015 first-team players from Hull Kingston Rovers teamed up with 1980s band Erasure to record a charity version of the band's single " A Little Respect ", with
5050-435: The Trust to raise funds for research as a way of preventing suffering due to AIDS. Shortly, with the generation of a groundswell of support for the organisation at a meeting at Red Lion Square, Tony Whitehead and others joined the group and formally founded the organisation and saw it through registration as a charity to provide direct services to those affected by HIV. The trust was named after Terry to personalise and humanise
5151-412: The Virgin group was Virgin Fuels , which was set up to respond to global warming and exploit the recent spike in fuel costs by offering a revolutionary, cheaper fuel for automobiles and, in the near future, aircraft. Branson has stated that he was formerly a global warming sceptic and was influenced in his decision by a breakfast meeting with Al Gore . On 21 September 2006, Branson pledged to invest
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#17327837558785252-464: The Virgin label to EMI for £500 million. Branson said that he wept when the sale was completed because the record business had been the very start of the Virgin empire. He created V2 Records in 1996 to re-enter the music business, owning 5% himself. Virgin also acquired European short-haul airline Euro Belgian Airlines and renamed it Virgin Express . In 1997, Branson took what many saw as being one of his riskier business exploits by entering into
5353-419: The advent of the Internet, charitable organizations established a presence on online social media platforms and began initiatives such as cyber-based humanitarian crowdfunding , exemplified by platforms like GoFundMe . The definition of charity in Australia is derived from English common law, originally from the Charitable Uses Act 1601 , and then through several centuries of case law based upon it. In 2002,
5454-404: The age of sixteen. Branson has dyslexia , and had poor academic performance; on his last day at school, his headmaster, Robert Drayson , told him he would either end up in prison or become a millionaire. Branson has also talked openly about having ADHD . Branson's parents were supportive of his endeavours from an early age. His mother was an entrepreneur; one of her most successful ventures
5555-453: The chance to see our beautiful planet from such a powerful perspective." In 2014, Branson launched the "Foodpreneur" food and drink-focused start-up competition. Winners were provided with mentorship from Branson, legal support, and brand counseling. The 2014 winners included Proper Beans, Killer Tomato, Sweetpea Pantry and Sweet Virtues. In 2015, the competition expanded to the Virgin StartUp's Foodpreneur Festival. The 2015 winners were given
5656-453: The charity's financial gains. Charitable organizations often depend partly on donations from businesses. Such donations to charitable organizations represent a major form of corporate philanthropy. To meet the exempt organizational test requirements, a charity has to be exclusively organized and operated, and to receive and pass the exemption test, a charitable organization must follow the public interest and all exempt income should be for
5757-419: The contract, Branson said he was convinced the civil servants had "got their maths wrong". In October, after an investigation into the bidding process, the deal was scrapped. The Transport Secretary Patrick McLoughlin announced there were "significant technical flaws" in the process and mistakes had been made by transport staff. Virgin Rail continued to operate the West Coast line until 7 December 2019, when it
5858-443: The design of LauncherOne, in expectation of business opportunities created by the new smallsat launcher. In August 2012, when re-tendered the InterCity West Coast franchise was awarded to FirstGroup after a competitive tender process overseen by the Department for Transport . Branson had expressed his concerns about the tender process and questioned the validity of the business plan submitted by FirstGroup. When Virgin Rail lost
5959-520: The development of social housing , and Andrew Carnegie (1835–1919) exemplified the large-scale philanthropy of the newly rich in industrialized America. In Gospel of Wealth (1889), Carnegie wrote about the responsibilities of great wealth and the importance of social justice. He established public libraries throughout English-speaking countries and contributed large sums to schools and universities. A little over ten years after his retirement, Carnegie had given away over 90% of his fortune. Towards
6060-584: The end of the 19th century, with the advent of the New Liberalism and the innovative work of Charles Booth in documenting working-class life in London , attitudes towards poverty began to change. This led to the first social liberal welfare reforms , including the provision of old age pensions and free school-meals. During the 20th century, charitable organizations such as Oxfam (established in 1947), Care International , and Amnesty International expanded greatly, becoming large, multinational non-governmental organizations with very large budgets. With
6161-409: The federal government initiated an inquiry into the definition of a charity. The inquiry proposed a statutory definition of a charity, based on the principles developed through case law. This led to the Charities Bill 2003 , which included limitations on the involvement of charities in political campaigning, an unwelcome departure from the case law as perceived by many charities. The government appointed
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#17327837558786262-401: The first Model Dwellings Company – one of a group of organizations that sought to improve the housing conditions of the working classes by building new homes for them, all the while receiving a competitive rate of return on any investment. This was one of the first housing associations , a philanthropic endeavor that flourished in the second half of the nineteenth century, brought about by
6363-424: The first people in the UK known to have died from the AIDS virus, which was only identified the previous year. Princess Margaret was an early prominent patron, becoming the first member of the royal family to publicly associate themselves with a charity focusing on AIDS and sexual health. Terry's close friends Martyn Butler, Tony Harris-Calvert and Terry's partner Rupert Whitaker along with other friends started
6464-445: The founders and members of philanthropic organizations in Ukraine. All funds received by a charitable organization and used for charitable purposes are exempt from taxation, but obtaining non-profit status from the tax authority is necessary. Legalization is required for international charitable funds to operate in Ukraine. Charity law in the UK varies among (i) England and Wales , (ii) Scotland and (iii) Northern Ireland , but
6565-493: The fundamental principles are the same. Most organizations that are charities are required to be registered with the appropriate regulator for their jurisdiction, but significant exceptions apply so that many organizations are bona fide charities but do not appear on a public register. The registers are maintained by the Charity Commission for England and Wales and by the Office of the Scottish Charity Regulator for Scotland. The Charity Commission for Northern Ireland maintains
6666-406: The good of mankind. The Virgin Earth Challenge was to award $ 25 million to the individual or group who are able to demonstrate a commercially viable design that will result in the net removal of anthropogenic, atmospheric greenhouse gases each year for at least ten years without countervailing harmful effects. This removal must have long-term effects and contribute materially to the stability of
6767-436: The government for legislative changes. This included organized campaigns against the mistreatment of animals and children, as well as the successful campaign in the early 19th century to end the slave trade throughout the British Empire and its extensive sphere of influence. (However, this process was quite lengthy, concluding when slavery in Saudi Arabia was abolished slavery in 1962.) The Enlightenment era also witnessed
6868-492: The growth of the middle class . Later associations included the Peabody Trust (originating in 1862) and the Guinness Trust (founded in 1890). The principle of philanthropic intention with capitalist return was given the label "five percent philanthropy". There was strong growth in municipal charities. The Brougham Commission led to the Municipal Corporations Act 1835 , which reorganized multiple local charities by incorporating them into single entities under supervision from
6969-429: The issue of AIDS. It was formalised in August 1983 when it adopted a constitution and opened a bank account, and the name of the trust was changed ( Terrence rather than Terry ) to sound more formal. It incorporated as a limited company in November 1983 and gained charitable status in January 1984. Since its inception 12 years ago, most of its fund-raising events have been hip and low-key affairs, from its first disco at
7070-406: The largest in Europe. It was also the lead organisation for Public Health England 's HIV prevention partnership HIV Prevention England. Established in 1982, Terrence Higgins Trust was the first charity in the UK to be set up in response to HIV and AIDS. It was initially named Terry Higgins Trust, after Terry Higgins , who died aged 37 on 4 July 1982 at St Thomas' Hospital , London . He was among
7171-431: The middle of the 18th century. This emerging upper-class trend for benevolence resulted in the incorporation of the first charitable organizations. Appalled by the number of abandoned children living on the streets of London , Captain Thomas Coram set up the Foundling Hospital in 1741 to care for these unwanted orphans in Lamb's Conduit Fields, Bloomsbury . This institution, the world's first of its kind, served as
7272-546: The opportunity to pitch Target Corporation buyers. The 2015 winners included Pip & Nut, Double Dutch Drinks, Harry Bromptons, Cauli Rice and Mallow and Marsh. In March 2015, Virgin Trains East Coast commenced operating the InterCity East Coast franchise; the company was a joint venture between Stagecoach (90%) and Virgin Group (10%). Due to the line performing below VTEC's expectations, it
7373-523: The organization has to be either incorporated or governed by a legal document called a trust or a constitution. This document has to explain the organization's purposes and structure. Most French charities are registered under the statute of loi d'association de 1901, a type of legal entity for non-profit NGOs. This statute is extremely common in France for any type of group that wants to be institutionalized (sports clubs, book clubs, support groups...), as it
7474-644: The partnership on Richard Branson's boat, leading to the concise and impactful title " Now That's What I Call Music! ," inspired by a Danish Bacon poster gifted to Simon Draper. Richard Branson's introduction to the antique shop owned by Joan Templeman, played a pivotal role in his growing fascination with old signs and advertisements, ultimately shaping the collection. Branson formed Virgin Atlantic and Virgin Cargo in 1984. He formed Virgin Holidays in 1985. In 1992, to keep his airline company afloat, Branson sold
7575-480: The perceived demoralizing effect . Although minimal state involvement was the dominant philosophy of the period, there was still significant government involvement in the form of statutory regulation and even limited funding. Philanthropy became a very fashionable activity among the expanding middle classes in Britain and America. Octavia Hill (1838–1912) and John Ruskin (1819–1900) were important forces behind
7676-641: The perspective of wanting to live life to the full, I felt that I had to attempt it. In 2006, through a merger with SN Brussels Airlines , Virgin Airlines formed Brussels Airlines , while retaining its separate listing. It also started a national airline based in Nigeria, called Virgin Nigeria , which ceased operations in 2009. Another airline, Virgin America , began flying out of San Francisco International Airport in August 2007. Branson's next venture with
7777-507: The poor. During the 19th century, a profusion of charitable organizations emerged to alleviate the awful conditions of the working class in the slums . The Labourer's Friend Society , chaired by Lord Shaftesbury in the United Kingdom in 1830, aimed to improve working-class conditions. It promoted, for example, the allotment of land to laborers for "cottage husbandry", which later became the allotment movement. In 1844, it became
7878-534: The precedent for incorporated associational charities in general. Another notable philanthropist of the Enlightenment era, Jonas Hanway , established The Marine Society in 1756 as the first seafarers' charity, aiming to aid the recruitment of men into the navy . By 1763, the Society had enlisted over 10,000 men, and an Act of Parliament incorporated it in 1772. Hanway also played a key role in founding
7979-563: The press that portrayed Virgin negatively. After the so-called campaign of "dirty tricks" , British Airways settled the case, giving £500,000 to Branson, a further £110,000 to his airline, and had to pay legal fees of up to £3 million. Branson distributed his compensation (the so-called "BA bonus") among his staff. Branson launched Virgin Mobile in 1999, and airline Virgin Blue in Australia in 2000. On 25 September 2004, Branson announced
8080-580: The profits of Virgin Atlantic and Virgin Trains in research for environmentally-friendly fuels. The investment is estimated to be worth $ 3 billion. On 4 July 2006, Branson sold his Virgin Mobile company to UK cable TV, broadband, and telephone company NTL:Telewest for £900 million. A new company was launched with much fanfare and publicity on 8 February 2007, under the name Virgin Media . The decision to merge his Virgin Media Company with NTL
8181-613: The public good as described by the law, and it should demonstrate sufficient transparency in its activities, governance, and finances. Moreover, data has shown that this evidence is pertinent and sensible. Polish charitable organizations with this status include Związek Harcerstwa Polskiego , the Great Orchestra of Christmas Charity , KARTA Center , the Institute of Public Affairs , the Silesian Fantasy Club ,
8282-594: The public interest. For example, in many countries of the Commonwealth , charitable organizations must demonstrate that they provide a public benefit . Until the mid-18th century, charity was mainly distributed through religious structures (such as the English Poor Laws of 1601 ), almshouses , and bequests from the rich. Christianity, Judaism, and Islam incorporated significant charitable elements from their very beginnings, and dāna (alms-giving) has
8383-417: The public to such lesser known avant-garde music as Faust and Can . Virgin Records also introduced Culture Club to the music world. Branson's net worth was estimated at £5 million by 1979, and a year later, Virgin Records went international. Branson's first successful entry into the airline industry was during a trip to Puerto Rico. His flight was cancelled, so he decided to charter his own plane
8484-621: The railway business during the privatisation of British Rail in the late 1990s. Virgin Rail Group won the InterCity CrossCountry and InterCity West Coast franchises, beginning operations in January and March 1997 respectively. Both franchises were scheduled to run for 15 years. A series of disputes in the early 1990s caused tension between Virgin Atlantic and British Airways , which viewed Virgin as an emerging competitor. Virgin subsequently accused British Airways of poaching its passengers, hacking its computers, and leaking stories to
8585-421: The record label Virgin Records with Nik Powell . The name "Virgin" was suggested by one of Branson's early employees because they were all new at business. Branson bought a country estate north of Oxford in which he installed a residential recording studio, The Manor Studio . He leased studio time to fledgling artists, including multi-instrumentalist Mike Oldfield , whose debut album Tubular Bells (1973)
8686-535: The rest of the way and offered a ride to the rest of the stranded passengers for a small fee to cover the cost. In 1982, Virgin purchased the gay bar Heaven . In 1991, in a consortium with David Frost , Branson made an unsuccessful bid for three ITV franchises under the CPV-TV name. The early 1980s also saw his only attempt as a producer—on the novelty record " Baa, Baa, Black Sheep ", by The Singing Sheep in association with Doug McLean and Grace McDonald, on which he
8787-615: The rules governing membership. The organization is not, however, a separate legal entity, so it cannot initiate legal action, borrow money, or enter into contracts in its own name. Its officers can be personally liable if the charity is sued or has debts. Richard Branson Sir Richard Charles Nicholas Branson (born 18 July 1950) is an English business magnate who co-founded the Virgin Group in 1970, and as of 2016 controlled 5 companies remaining of once more than 400. Branson expressed his desire to become an entrepreneur at
8888-409: The same church he used for Student . Branson used the magazine to advertise popular albums, driving his record sales. He interviewed several prominent personalities of the late 1960s for the magazine including Mick Jagger and R. D. Laing . Branson took over full direction of Student after successfully lying to Powell that the workers at the magazine opposed Powell's plans to turn the magazine into
8989-594: The show Finding Your Roots , Branson was shown to have 3.9% South Asian (Indian) DNA, likely through intermarriage. Later, he stated that one of his great-great-great-grandmothers was an Indian named Ariya. Branson was educated at Scaitcliffe School , a prep school in Surrey , before briefly attending Cliff View House School in Sussex . He attended Stowe School , a private school in Buckinghamshire until
9090-556: The signing of a deal under which a new space tourism company, Virgin Galactic , will license the technology behind SpaceShipOne —funded by Microsoft co-founder Paul Allen and designed by aeronautical engineer Burt Rutan —to take paying passengers into suborbital outer space . Virgin Galactic plans to make flights available to the public with tickets priced at US$ 200,000 using the Scaled Composites White Knight Two . The spacecraft, SpaceShipTwo ,
9191-812: The son of Edward James Branson (1918–2011), a barrister , and his wife Evette Huntley Branson ( née Flindt ; 1924–2021), a former ballet dancer and air hostess. He has two younger sisters, Lindy and Vanessa . His grandfather, Sir George Arthur Harwin Branson , was a judge of the High Court of Justice and a Privy Councillor . Branson's great-great-great-grandfather, John Edward Branson, left England for India in 1793; John Edward's father, Harry Wilkins Branson, later joined his son in Madras . Starting from 1793, four generations of Branson's family lived in India, mostly at Cuddalore , in modern-day Tamil Nadu . On
9292-579: The team being renamed Virgin Racing . In 2010, Virgin Hotels was launched under the Virgin Group. In February 2018, Branson announced the first Virgin hotel in the UK would open in Edinburgh. Branson and Tony Fernandes , owner of Air Asia and Lotus F1 Racing , had a bet for the 2010 F1 season where the losing team's boss should work on the winner's airline during a charity flight dressed as
9393-659: Was announced in May 2018 that the contract would be terminated early by the government. VTEC ceased operating on 23 June 2018 and operations passed to a government-owned operator, London North Eastern Railway . In November 2015, Branson announced the addition of Moskito Island to the Virgin Limited Edition portfolio. This resort, The Branson Estate on Moskito Island, offers 11 bedrooms for 22 guests. In 2017, Virgin Group invested in Hyperloop One , developing
9494-487: Was building and selling wooden tissue boxes and wastepaper bins. In London, he started off squatting from 1967 to 1968. Branson is an atheist . He said in a 2011 interview with CNN's Piers Morgan that he believes in evolution and the importance of humanitarian efforts but not in the existence of God. "I would love to believe," he said. "It's very comforting to believe". After failed attempts to grow and sell both Christmas trees and budgerigars , Branson launched
9595-468: Was credited as "Jeff Mutton". The track consisted of samples of animal noises recorded at his aunt Claire Hoares' farm in Norfolk, set to a drum-machine-produced track and reached number 42 in the UK charts in 1982. In 1983, Now That's What I Call Music! emerged from Virgin Records offices as a unique compilation series, distinct in its originality. Collaborating with EMI , Peter Jamieson orchestrated
9696-584: Was fined £271 million over the allegations. Virgin Atlantic was given immunity for tipping off the authorities and received no fine—a controversial decision the Office of Fair Trading defended as being in the public interest. On 9 February 2007, Branson announced the setting up of a new global science and technology prize—The Virgin Earth Challenge —in the belief that history has shown that prizes of this nature encourage technological advancements for
9797-480: Was introduced on 1 January 1997 through the Act on Public Benefit Organizations. Under Indian law, legal entities such as charitable organizations, corporations, and managing bodies have been given the status of " legal persons " with legal rights, such as the right to sue and be sued, and the right to own and transfer property. Indian charitable organizations with this status include Sir Ratan Tata Trust . In Ireland,
9898-453: Was introduced on 1 January 2004 by the statute on public good activity and volunteering . Charitable organizations of public good are allowed to receive 1.5% of income tax from individuals, making them "tax-deductible organizations". To receive such status, an organization has to be a non-governmental organization , with political parties and trade unions not qualifying. The organization must also be involved in specific activities related to
9999-509: Was made in order to integrate compatible areas of the two businesses. Whilst Branson had owned three-quarters of Virgin Mobile, he would now get paid £8.5 million per annum for the use of the Virgin brand name. He does not own any part of Virgin Media. In 2006, Branson formed Virgin Comics and Virgin Animation, an entertainment company focused on creating new stories and characters for
10100-461: Was replaced by Avanti West Coast . In September 2014, Branson announced his investment in drone company 3D Robotics stating, "It's amazing to see what a little flying object with a GoPro attached can do. Before they came along the alternative was an expensive helicopter and crew. I'm really excited about the potential 3D Robotics sees in drones. They can do a lot of good in the world, and I hope this affordable technology will give many more people
10201-562: Was the first release for Virgin Records and became a chart-topping best-seller. Virgin signed controversial bands such as the Sex Pistols , which other companies were reluctant to sign. Virgin Records would go on to sign other artists including the Rolling Stones , Peter Gabriel , XTC , Japan , UB40 , Steve Winwood and Paula Abdul , and to become the world's largest independent record label. It also won praise for exposing
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