Yes, I Know They're Both Rich, But.........

[Ken4155]

Harry Potter author JK Rowling (Approx wealth $1 billion)has donated £15m to research in Multiple Sclerosis. Her mother, Anne, died from the condition and, back in 2010, the author set up a specialist MS centre in Edinburgh, in her name - the Anne Rowling Regenerative Neurology Clinic. What a woman.
Meanwhile, Ex Machester City star Vincent Kompany (Approx wealth £36.5m), having already raised £300,000 for the homeless people of Manchester, donated the match receipts from his testimonial last night to the same project. There were over 51,000 in attendance and the receipts were said to be just over £1m. What a man.
Both came from humble beginnings and, it would appear, have not forgotten that fact.

[woofgang]

I am just not sure what the point of the OP is.....people give to charity....yes thats a good thing to do....

[Zacs-Master]

Ken is fishing, woof. So far he's caught a couple of tiddlers. Nothing more.

[Hopkirk]

Oh come on, Vincent Kompany had no choice, except which charity to give the money to.

The days of footballers receiving the money themselves from testimonials have long gone.

[hereIam]

Brilliant that Kompany raised £300,000 for the homeless of Manchester, that's a hell of a lot of money and should hopefully keep a lot of them off the streets this coming winter - good man.

[Arksided]

As it was for the homeless of Manchester good to see so many ex-United players turn up to show their support, Giggs, Scholes, Butt, G.Neville, Van Persie, Van de sar.

[Ellipsis]

> Probably writing it all off against their tax bills.

I think you misunderstand how giving to charity works. This page gives some good examples:

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https://financial-coaching.co.uk/blog/post/self-assessment-and-tax-relief-on-charitable-donations
Sue is a 40% taxpayer and donates £1,000 to charity.
The charity claims back basic rate tax of 20% from HMRC. That’s 25p for every £1 donated so the charity claims £250, making Sue’s gross donation £1,250.
Sue can claim the difference between her 40% rate of tax and the basic rate of tax of 20% claimed by the charity on her gross donation.
That’s a 20% difference. So, Sue claims 20% of £1,250 – a total of £250 – from HMRC.
If Sue was an additional rate taxpayer – paying 45% on her income – she would be able to claim the difference between her 45% rate of tax and the basic rate of tax at 20% claimed by the charity on her gross donation.
That would be a 25% difference. So Sue would claim 25% of £1,250 – a total of £312.50 – from HMRC.
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A 45% taxpayer paid £1,250,000 gross would receive £687,500 net. They want to give their £1,250,000 gross income to charity. To do this, they give £1,000,000 to charity and the charity uses Gift Aid to claim a further £250,000, meaning that the charity has now received all of the £1,250,000. At this point, the donor is £312,500 out of pocket so they claim this back from HMRC. Net result:

Donor: £0
HMRC: £0
Charity: £1,250,000

[Ken4155]

"Ken is fishing, woof". What trash! I read about Kompany's generosity and, given the press many of our footballers get, I just thought it worthy of mention. Then, a few pages further on, i read of JK's generosity so i mentioned them both. There are many threads on Chatterbank which are there for discussion only - and i've just looked at some of yours, woofgang - so no, Zacs, not fishing. Tried it once in the 70s and caught only a cold. Comes to something when you can't even express your admiration for someone's generosity without being accused of having an hidden agenda.

[Zacs-Master]

I think you need to refine your language if you want a post to be taken seriously. The ‘but’ gave it an edge over and above simply praising people’s charitable actions.


But you knew that.

[david small]

The old saying...never look a gift horse in the mouth.
Those giving altruistically are deeply appreciated. There are lots of very good people upon this blasted earth.

[Ken4155]

I don't need to do anything. I do what i want. I have explained the 'but' and, imho, my last sentence backs up the fact that my post was one of praise. You are, of course, entitled to your opinion, ZM, but please do not judge others by your own low standards.

[hc4361]

The widow's mite is more worthy, though, and there are many