May saw the Sunday Times release its annual Giving List for 2021, where those in the UK are ranked depending on their ‘Giving Index’. This index is calculated by dividing the total sum of an individual or group of individuals by their total wealth, giving a percentage figure.
But who exactly are these generous givers who come from all aspects of society? How did they earn their riches? And what forms of charity are they most interested in? Below, Silver Linings News devotes a separate article to take a look at each of those who made it into the top 20 of the list:
16) David and Heather Stevens
Husband and wife David and Heather Stevens are worth a total £236m according to The Sunday Times. With recent donations of £16.7m, the couple achieved a Giving Index of 7.08% and placed 16th in the 2021 Giving List.
Most recently, David Stevens served as CEO at the insurance group Admiral between 2016 and 2020. However, his story stretched much further back having been appointed a CBE in the 2010 Birthday Honours list for services to the insurance industry and to charity.
Together, the couple established The Waterloo Foundation (TWF) in 2007. The organisation was formed through a £99m donation by the couple to establish its endowment fund. 2020 saw the thirteenth anniversary of the charity, which has made over 3,000 grants and awarded over £87m in funding to support its charitable objectives.
The Sunday Times claimed that the Stevens’ philanthropy was enacted through donations that tackled Covid-19, world development, environment, and children. This is backed by TWF’s website assuring that it aims to make £6m in annual donations across the areas of world development, the environment, child development, and Wales.
David Stevens recently appeared in the news for other charitable efforts, having provided staff members at Admiral with £10m as a thank you to mark his retirement, as was reported by The BBC.