In donating the funds to Minderoo Foundation, co-founders Andrew and Nicola Forrest explained their belief that “we all have to look out for each other” has never been stronger.
“In just the last six months we’ve seen the devastating impacts of bushfires on many of our fellow Australians and now the global impacts of COVID-19, a threat unprecedented in our lifetimes,” Dr Forrest said.
“It is incumbent upon us to help where we can. This additional funding will provide both the capacity and the flexibility to allow the Foundation to continue its outstanding work and tackle new challenges as they arise for many years to come.
“At a time when a lot of people both here and around the world are hurting, we are more determined than ever to step up and take on the most pressing global challenges.”
The additional funding announced today will be allocated to Minderoo Foundation’s most recent commitments including:
The funding will also allow for the expansion of existing work of Minderoo Foundation and its efforts to:
Mrs Forrest said it was a privilege to be in a position to continue contributing to solving some of the world’s most intractable problems, and invited others to do the same.
“We continue to encourage other high-net-wealth individuals to commit their leadership, energy and wealth to the causes they are passionate about,” Mrs Forrest said.
“The generosity we have seen from individuals, corporations and philanthropic organisations in responding to Australia’s recent bushfire crisis and now COVID-19 has been heart-warming.
“We truly believe the generosity of the human spirit is alive and well and is critical not only to see us through times of crisis but also to seek out disadvantage at all times and eradicate it.”
Minderoo Foundation was established by the Forrests in 2001 and has supported hundreds of projects globally.