Media ReleaseMinderoo Foundation08 Apr 2020

Donations to Minderoo Foundation top $2 billion

Dr Andrew Forrest AO and Nicola Forrest AO have donated an additional AU$520 million to Minderoo Foundation, bringing the Australian philanthropists’ total donations to the Foundation’s global causes to AU$2 billion.

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 COVID-19 response, including the procurement of desperately needed medical supplies and equipment and to ramp up accurate RNA-based COVID-19 testing;
  • Minderoo Foundation Fire Fund, providing immediate bushfire relief and the development of a long-term blueprint for fire resilience;
  • ‘Sea the Future’, an industry-focussed initiative to end plastic waste worldwide.

The funding will also allow for the expansion of existing work of Minderoo Foundation and its efforts to:

  • Fight cancer, particularly childhood cancer, through research collaboration;
  • Maximise early childhood development from conception to the age of five;
  • Optimise ocean health and protect global marine life;
  • Build strong communities through arts, culture and community programs;
  • Bring meaningful accountability and governance to frontier technologies which have the potential to both improve the well-being of people and our planet, and to irretrievably harm them;
  • Eliminate global human rights abuses, especially modern slavery;
  • Create parity for and with Indigenous Australians including early childhood programs, and pathways to meaningful training and employment;
  • Provide international advanced education scholarships.

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.

Minderoo Foundation
by Minderoo Foundation

Established by Andrew and Nicola Forrest in 2001, we are a modern philanthropic organisation seeking to break down barriers, innovate and drive positive, lasting change. Minderoo Foundation is proudly Australian, with eight key initiatives spanning from ocean research and ending slavery, to collaboration in cancer and community projects.

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