Branson would give compensation to charity
Howard Lake | 14 February 2001 | News
In a letter to The Guardian today in response to the newspaper’s report that he was seeking compensation for his failed National Lottery licence bid, Sir Richard Branson says that he would give the money to charity. “I assure you, ” he wrote, “that if the government does insist that the money comes from the Good Cause Fund, then any costs I do retrieve I would either give to charity or… use it to set up a rival lottery with 100% of profits going to good causes.”
Read Branson: I’ll give the money to charity at the Guardian.
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.