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Here's our latest infographic detailing some of the charitable initiatives we're currently involved in. 

 

CSR Infographic 2019.jpg

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Thank you for your post.

 

Allan

 

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Thank you. I've just joined as a contributor and so I'm really happy to know that Alamy are supporting these initiatives and research.

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Posted (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 by geogphotos
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These are all the kinds of charities I'm happy to know Alamy is supporting. 

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Posted (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 by M.Chapman
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Posted (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 by geogphotos
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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

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3 hours ago, Phil said:

 

+1

+1

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5 hours ago, Marianne said:

These are all the kinds of charities I'm happy to know Alamy is supporting. 

+1

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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?

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Posted (edited)

10%?  Wasn't that number much higher in the past?

 

 

Edited by KevinS

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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

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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.

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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

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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.

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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 

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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.

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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.

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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!

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