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Begg said: "The name Quids In, comes from our aim to be able to provide a theatre experience for children, though our children's shows, for just one pound.
Quids In answered every call and came home clear, five seconds ahead of their rivals - a real achievement as this would be his first time against the clock
For more information on Quids for Kids email quidsforkids@pmwcom.
Tavistock Leisure, Mr Foster's holding company for the North-East pub and restaurant chains, this week opened a two-storey Quids Inn pub on Chichester Road in South Shields after spending pounds 150,000 on a "movie" theme re-vamp aimed at local students.
Quids for Kids is a loyalty scheme where parents were given the opportunity to win up to pounds 1,000 for schools by saving till receipts.
Quids Inns started with the acquisition of Washington Football Club in August, 2003.
The businessman who brought fine dining to Sunderland with Tavistock Place expects Quids Inns to turn over pounds 16m and employ up to 240 people within three years.
If that happens, one Glasgow family will be quids in.
In November 1998, the Company issued $100 million of Senior QUIDS callable on or after November 1, 2003.
Quids Inns is expected to be a 20-strong chain with 240 staff and an annual turnover of pounds 16m within three years, Mr Foster said.
Quids in: A week's half-board at the Hotel Bor in Pamporovo, with flights, costs from pounds 199, through Balkan Holidays; call 020-7543 5555.