Fundraising blow.
The fundraising team at Christie's are very upset today as their application to get their Icelandic bank money back has been turned down by the Financial Services Compensation Scheme.
Although it doesn't involve any of the money we have raised (which is ringfenced for the Prof) it does affect £6.5m which would have gone to the research institute at the hospital. The money has been raised by the public, specifically for cancer research at the hospital. When The Christie was advised to invest there, the bank held the highest possible safety rating and offered the best interest rates.
To put it into context, £6.5 million is the equivalent of over 250 mammoth fundraising efforts, the size of the European Odyssey. And given that was an exceptional amount, it's probably more like 5,000+ lost fundraising activities.
The Manchester Evening News has started a petition. Please click here to sign it.
http://petitions.number10.gov.uk/TheChristie
The new investment policy for Christie's fundraisers? Who knows - they aren't short of mattresses...
Although it doesn't involve any of the money we have raised (which is ringfenced for the Prof) it does affect £6.5m which would have gone to the research institute at the hospital. The money has been raised by the public, specifically for cancer research at the hospital. When The Christie was advised to invest there, the bank held the highest possible safety rating and offered the best interest rates.
To put it into context, £6.5 million is the equivalent of over 250 mammoth fundraising efforts, the size of the European Odyssey. And given that was an exceptional amount, it's probably more like 5,000+ lost fundraising activities.
The Manchester Evening News has started a petition. Please click here to sign it.
http://petitions.number10.gov.uk/TheChristie
The new investment policy for Christie's fundraisers? Who knows - they aren't short of mattresses...
posted by Helen at 3/11/2009 12:34:00 pm
3 Comments:
hello all,
this is such a shame, its awful they have been refused. I have signed the petition, hopefully they will change their mind. I am very excited because I am now 15!!!!! Yay! And the best part is, I am going to Paris in April for my birthday!! I'm so excited! Hopefuly see you soon.
All my love to everyone,
alicexxxxxxxxxxx
Hi
I was APPALLED to hear about this blow to the hospital. Absolutely gut -wrenching. I have signed the petition and am urging all my friends to do same!
Truly hope Quent is comfortable and relaxing well at home. The garden must be gorgeous now!
love Yas x
hey H+Q+O,
Great to read that positive news recently - absolutely delighted for you.
Also, terrible that all that money has just 'disappeared', i've signed the petition and will ask others to do so too.
All the best and see you sometime soon. Simon + bb etc.
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