# Alexander Hoare wins City Philanthropy 2017 Beacon Award

- Link: https://fundraising.co.uk/2017/05/09/alexander-hoare-wins-city-philanthropy-2017-beacon-award/
- Published: 2017-05-09T00:02:52+01:00
- Author: Howard Lake

**The work of London philanthropist Alexander Hoare has been recognised with a prestigious
City philanthropy award. The private banker has been announced as the winner of 
the City Philanthropy 2017 Beacon Award, an award that celebrates change-making 
philanthropy.**

He was nominated for the award alongside City philanthropists Michael Sherwood and
Prem Goyal.
The City Philanthropy award category is sponsored by the City of London
Corporation’s charitable funder, City Bridge Trust. It celebrates the work of a 
philanthropist based in the City of London, Mayfair, or Canary Wharf, whose work“
will inspire the next generation of City philanthropists”.

Hoare is a Partner & Director at C. Hoare & Co., the oldest privately owned bank
in the UK. The family bank has a long tradition of philanthropy over its nearly 
350-year history.

## Advertisement

## The Golden Bottle Trust

Last year the bank donated more than £1 million to [The Golden Bottle Trust](http://www.hoaresbank.co.uk/golden-bottle-trust),
which donates to arts, education, and health organisations. The Golden Bottle Trust
has given more than £16m to charity since its launch in 1985.

> The Beacon Awards aim to celebrate the best of British [#philanthropy](https://twitter.com/hashtag/philanthropy?src=hash&ref_src=twsrc%5Etfw).
> Find out more at: [https://t.co/VXDDkrxl1I](https://t.co/VXDDkrxl1I) [pic.twitter.com/R1eC1dHLtA](https://t.co/R1eC1dHLtA)
> — Beacon Collaborative (@BeaconCollab) [April 25, 2017](https://twitter.com/BeaconCollab/status/856893584334880768?ref_src=twsrc%5Etfw)

 

## New vehicles for philanthropy

Alexander Hoare is both a philanthropist and social investor, with a keen interest
in microfinance, social investment, social enterprise and venture philanthropy.

He is setting up a new social investment institution that will open up the market
to individual investors as well as institutions, who are keen to commit part of 
their capital to social good both to achieve positive impact and because it makes
sound financial sense to do so.
Hoare said: “I am honoured by this award, and welcome
the opportunity to share our philanthropic tradition – which goes back far and wide
in our family.”

![Beacon Awards 2017 logo](https://wfay6x.infiniteuploads.cloud/2022/01/beacon-awards-
2017.webp)

Alison Gowman, chairman of the City of London Corporation’s City Bridge Trust committee,
congratulated Hoare on his award and for “leading the way in taking social investment
mainstream”.

She added: “The City is known as a global financial hub but the Beacon Awards highlight
it as a philanthropic hotspot and it is important this work is recognised.”

## Other Beacon Award winners

Beacon Awards were also presented this year to MoneySavingExpert **Martin Lewis 
OBE**, double Olympic champion **Dame Kelly Holmes DBE** and fashion icon **Dame
Vivienne Westwood DBE** for her partnership with Cool Earth.

> This year's [#BeaconAward](https://twitter.com/hashtag/BeaconAward?src=hash&ref_src=twsrc%5Etfw)
> nominees are a diverse group, coming from a range of backgrounds. Find out more
> here: [https://t.co/mWezySWm9h](https://t.co/mWezySWm9h) [pic.twitter.com/uGzNEHt793](https://t.co/uGzNEHt793)
> — Beacon Collaborative (@BeaconCollab) [May 4, 2017](https://twitter.com/BeaconCollab/status/860151602866475009?ref_src=twsrc%5Etfw)

 

## The Beacon Awards

[The Beacon Awards](http://beaconawards.org.uk/), which are managed by UK Community
Foundations, celebrate philanthropy and those that give their time, expertise and
financial resources to benefit society. They are designed to encourage new ways 
of funding to meet need and inspire others to give by sharing examples of exceptional
philanthropy.
 

## WATCH: The Beacon Awards ceremony 2015

 

 * **Read about the [first Beacon Awards](https://fundraising.co.uk/2007/02/24/call-find-charity-champion/)
   in 2007.**

## Comments

### By: HowardLake

- Link: https://fundraising.co.uk/2017/05/09/alexander-hoare-wins-city-philanthropy-2017-beacon-award/#comment-2992
- Published: 2017-05-09T16:55:00+01:00

[https://twitter.com/BeaconAwards/status/861971945742532608](https://twitter.com/BeaconAwards/status/861971945742532608)