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Australia’s 50 biggest givers top $1b in donations for the first time

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.

Lisa MurrayEnterprise Journalism Editor

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Key Statistics

  • $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.

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Lisa Murray
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

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Original URL: https://www.afr.com/wealth/people/australia-s-50-biggest-givers-top-1b-in-donations-for-the-first-time-20230321-p5cu3u