Australia’s 50 biggest givers top $1b in donations for the first time
Australia’s top philanthropists are in a hurry to spend their money – and sizeable, eye-catching donations are back in vogue. From the upcoming annual Philanthropy issue out on Friday, April 28.
$1.1bTotal value of the latest Philanthropy 50 list.
$165mThe biggest single donation, from Yajilarra Trust.
$5mThe cut-off to make the 2021-2022 Philanthropy 50 list.
The rush by two of Australia’s biggest philanthropists to give away all of their money within the next 12 years as well as a generous donation for pandemic research have pushed total spending by the top 50 givers past $1 billion for the first time.
MYOB founder Craig Winkler and his wife, Di, established the Yajilarra Trust in 2009 to fund causes with a focus on Aboriginal and Torres Strait Islander people, climate change and disability. The privately run trust tops the latest Financial Review Philanthropy 50 list with a total spend of $165 million, up from $104 million on the previous list.
Lisa MurrayEnterprise Journalism EditorLisa Murray is Enterprise Journalism Editor and host of The Fin podcast. Connect with Lisa on Twitter. Email Lisa at lmurray@afr.com
