“Philanthropy couldn’t be more important to London – past, present and future. As Lord Mayor of London, I am aware that philanthropy is the reason that our Square Mile – pre-eminent global financial centre – exists as we know it. From schools to sanitation, and from hospitals to housing for vulnerable people – many of my forebears as Lord Mayor, and other heads of business across the centuries, made priceless investments in our community through targeted funding and endowments; some of which continue to reap dividends for public good and charitable causes today.
We want London to remain at the forefront of philanthropic giving and innovation – for the benefit of generations to come. City workers – particularly the millennials – are increasingly passionate about the positive impact that their firms, and they themselves as employees, are having on our society. The best and the brightest want to work for responsible businesses, who encourage and empower their staff to give back. Philanthropy has the power to meet urgent societal needs, galvanise a new generation to be a force for good, and embed values which will maintain the competitive edge of London’s workforce."
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