Philanthropist and businessman Sir Michael Hintze is to give £500,000 to the Royal Navy and Royal Marines Charity (RNRMC). Part of the first instalment will be used by the charity to support the families of the crew of HMS Illustrious, which has been assisting the Typhoon Haiyan disaster efforts in the Philippines.
The £500,000 will be donated over 20 years by the Hintze Family Charitable Foundation.
Sir Michael said:
“The Foundation is delighted to offer its long-term commitment to the RNRMC. The work it has done for the naval charity sector is outstanding and, indeed, their support for serving personnel and their families and veterans is first-class. It is a privilege to support those who give so much to our nation and I see this as the beginning of a more substantial commitment to the RNRMC.”
As well as honouring the work of the nation’s sailors and commandos, the donation has been made to recognise the RNRMC’s success in amalgamating over 70 funds and charities. By achieving operating efficiencies, the charity has improved its overall grant-making and fundraising capacity.
To thank him for the Foundation’s gift, the RNRMC invited Sir Michael to become its first Vice Patron and he has accepted.
Vice Admiral Sir Richard Ibbotson, Chairman of the Royal Navy and Royal Marines Charity said:
“We very much look forward to the insight, expertise and ambition that Sir Michael offers, which will truly set the pace for our future fundraising endeavours. Today marks a step change in the RNRMC’s philanthropic approach and I very much hope that this will encourage others to join us in supporting the Charity.”
[message_box title=”About Sir Michael Hintze, AM” color=”blue”]
Sir Michael Hintze is a philanthropist and businessman. He is the founder, Chief Executive and Senior Investment Officer of CQS, a global multi-strategy asset management firm. He has significant and wide-ranging philanthropic interests and to consolidate these, the Hintze Family Charitable Foundation was established. Since inception in 2005, over 150 charities have received funding from the Foundation.[/message_box]
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