Alamy Posted October 8, 2019 Share Posted October 8, 2019 Here's our latest infographic detailing some of the charitable initiatives we're currently involved in. 6 2 Link to comment Share on other sites More sharing options...
Allan Bell Posted October 9, 2019 Share Posted October 9, 2019 Thank you for your post. Allan Link to comment Share on other sites More sharing options...
Popular Post geogphotos Posted October 9, 2019 Popular Post Share Posted October 9, 2019 (edited) I really think that Alamy should make the relationship between itself, SBL and FFT more clear. As the infographics says they are both run by the Fischer Family Trust. Mike Fischer is the chairman, major shareholder and co-founder of Alamy. I'm not saying that there is anything at all wrong with this. But we contributors have had a commission cut to help support profits. Edited October 9, 2019 by geogphotos 1 11 Link to comment Share on other sites More sharing options...
Marianne Posted October 9, 2019 Share Posted October 9, 2019 These are all the kinds of charities I'm happy to know Alamy is supporting. Link to comment Share on other sites More sharing options...
M.Chapman Posted October 9, 2019 Share Posted October 9, 2019 (edited) Thanks for posting. Interesting this has been posted (and pinned) in the contributor forum just as Alamy's 2018 Annual results are due. I await their 2018 annual results with interest. I see there's a little more info here https://www.alamy.com/about-us/about-alamy-our-philosophy.pdf and here https://www.alamy.com/about-us/ Mark Edited October 9, 2019 by M.Chapman 1 2 Link to comment Share on other sites More sharing options...
geogphotos Posted October 9, 2019 Share Posted October 9, 2019 (edited) FFT shows a turnover of over £6 million selling assessment software to schools. Perhaps they could start subsidising Alamy with their profits and we could keep our commission? SBL does not appear to have published a research paper since 2014. I have nothing against philanthropy but do feel aggrieved if we have had our income cut to help fund it. And with James West being Mike Fischer's nephew there does seem to be a lot of DNA in these arrangements. The cynic in me can't help thinking that there must be some tax benefits involved in all this somewhere. Edited October 10, 2019 by geogphotos 1 8 Link to comment Share on other sites More sharing options...
Phil Posted October 9, 2019 Share Posted October 9, 2019 7 minutes ago, geogphotos said: I have nothing against philanthropy but do feel aggrieved if we have had our income cut to help fund it. +1 5 Link to comment Share on other sites More sharing options...
andremichel Posted October 9, 2019 Share Posted October 9, 2019 3 hours ago, Phil said: +1 +1 Link to comment Share on other sites More sharing options...
Mr Standfast Posted October 9, 2019 Share Posted October 9, 2019 5 hours ago, Marianne said: These are all the kinds of charities I'm happy to know Alamy is supporting. +1 Link to comment Share on other sites More sharing options...
Joseph Clemson Posted October 9, 2019 Share Posted October 9, 2019 Not quite sure what this means or how they manage it, but according to UK Charity Commission website, the Fischer Family Trust have managed to spend more than they received in donations and endowments in every year, bar one, since 2014. They do have some assets but I can't see £190,000 bringing in a massive investment income. Anybody with financial nous know how it is possible for a charity to consistently spend more than they receive? Are charities allowed to go into debt? Link to comment Share on other sites More sharing options...
KevinS Posted October 9, 2019 Share Posted October 9, 2019 (edited) 10%? Wasn't that number much higher in the past? Edited October 10, 2019 by KevinS Link to comment Share on other sites More sharing options...
meanderingemu Posted October 10, 2019 Share Posted October 10, 2019 12 hours ago, geogphotos said: The cynic in my can't help thinking that there must be some tax benefits involved in all this somewhere. the logician in me would think you get tax benefits from money paid out to contributors as well. 😀. So it's all a question of priority from then on 2 1 Link to comment Share on other sites More sharing options...
imageplotter Posted October 10, 2019 Share Posted October 10, 2019 15 hours ago, geogphotos said: FFT shows a turnover of over £6 million selling assessment software to schools. Perhaps they could start subsidising Alamy with their profits and we could keep our commission? SBL does not appear to have published a research paper since 2014. I have nothing against philanthropy but do feel aggrieved if we have had our income cut to help fund it. And with James West being Mike Fischer's nephew there does seem to be a lot of DNA in these arrangements. The cynic in me can't help thinking that there must be some tax benefits involved in all this somewhere. I find it a little strange that 87% of FFT's spend go to SBL. It wouldn't be my cause of choice to donate to, given my loss of income (not so good for my own urinary tract, to be honest). As you mention, the last research paper appears to have been published 2014. The research quoted for clinical trials and other research areas of focus (i.e. cancer immunotherapy) all seem more than a few years old. That doesn't reflect so well, imho. 1 Link to comment Share on other sites More sharing options...
mickfly Posted October 10, 2019 Share Posted October 10, 2019 21 hours ago, geogphotos said: I have nothing against philanthropy but do feel aggrieved if we have had our income cut to help fund it. And with James West being Mike Fischer's nephew there does seem to be a lot of DNA in these arrangements. The cynic in me can't help thinking that there must be some tax benefits involved in all this somewhere. +1 Link to comment Share on other sites More sharing options...
spacecadet Posted October 10, 2019 Share Posted October 10, 2019 18 hours ago, Joseph Clemson said: Not quite sure what this means or how they manage it, but according to UK Charity Commission website, the Fischer Family Trust have managed to spend more than they received in donations and endowments in every year, bar one, since 2014. They do have some assets but I can't see £190,000 bringing in a massive investment income. Anybody with financial nous know how it is possible for a charity to consistently spend more than they receive? Are charities allowed to go into debt? It obviously has a financial reserve. You'll find that the National Trust has done the same most years. But then the NT does have a coupla gigaquid in the bank. I spend more than I earn most months- the rest comes out of savings. Link to comment Share on other sites More sharing options...
M.Chapman Posted October 10, 2019 Share Posted October 10, 2019 I note that, following the mixed reaction to their posting, they have now unpinned it. I also note that Alamy's 2018 financial results have been filed and will be available here within 5 days. Mark 3 Link to comment Share on other sites More sharing options...
KevinS Posted October 10, 2019 Share Posted October 10, 2019 5 hours ago, M.Chapman said: I note that, following the mixed reaction to their posting, they have now unpinned it. I also note that Alamy's 2018 financial results have been filed and will be available here within 5 days. Mark Could be interesting. Perhaps more cash is needed, hence the reduction in charity. Link to comment Share on other sites More sharing options...
M.Chapman Posted October 11, 2019 Share Posted October 11, 2019 Alamy's financial report is now available here. Mark Link to comment Share on other sites More sharing options...
Reimar Posted October 11, 2019 Share Posted October 11, 2019 Philanthropy - yes. All good causes. Here's another one to consider: the poor photographers that supply Alamy images. Roll back the latest commission cut and I'll cheer along with the rest of your fans. 2 Link to comment Share on other sites More sharing options...
KevinS Posted October 11, 2019 Share Posted October 11, 2019 1 hour ago, Reimar said: Philanthropy - yes. All good causes. Here's another one to consider: the poor photographers that supply Alamy images. Roll back the latest commission cut and I'll cheer along with the rest of your fans. Doesn’t seem likely if you look at the financial report. Great idea, though! Link to comment Share on other sites More sharing options...
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