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20 June 2010
Mike Quigley, chief executive of the National Broadband Network, will donate his entire first-year pay cheque of $2 million to Neuroscience Research Australia. The funds will be used for an initiative to deliver remote rehabilitation therapy to stroke patients using the Nintendo Wii games console, as well as for various other projects which will aid research into brain diseases and stroke rehabilitation. More here from The Australian

23 June 2010 Philanthropist Neil Balnaves AC gives artworks worth $1m to local art gallery

22 June 2010 Shaken Consumer Confidence Alters Investor Behavior according to the 2010 World Wealth Report

22 June 2010: Merrill Lynch CapGemini World Wealth Report 2010: "Wealth recovery nearly compensates for 2008 losses as HNWI population grows 17.1% and HNWI wealth reaches $39 trillion" Download the report here

21 June 2010: University of Technology Sydney recieves $25m gift towards new building - Chinese businessman Dr Chau Chak Wing donates $25m to new Gehry-designed Faculty of Business building and to scholarships Click here for more details

31 May 2010: John and Jill Kinghorn pledge $25m to the Kinghorn Cancer Centre, an initiative of the Garvan Foundation and St Vincents Hospital (see 2nd item in the article, headed 'Medic Aid')

26 May 2010: Westfield's Frank Lowy tops the BRW Rich 200 list for 2010


2009


1st November 2009: an interesting take on fundraising from younger alumni from the University of Kentucky

28 July 2009:  Philanthropist Chuck Feeney gives a further $102m to Queensland medical causes. Chuck Feeney, who in recent years has given more than $170million to various medical research establishments, mostly in Brisbane but some in Melbourne, yesterday gave $102m to three medical projects based in Queensland.

26 June 2009: Sony Foundation gives $1.6m to Salvation Army from bushfire aid album

24 June 2009: Merrill Lynch/Cap Gemini World Wealth report shows fall in Australian and global wealth

AUSTRALIA has slipped out of the rankings of the world's top 10 nations with the most millionaires as a result of the global financial crisis.

Australia is now ranked 11th out of 71 countries after dropping from the 10th spot for the first time since 2006, a survey by investment bank Merrill Lynch and consultancy Capgemini says.

Australia's population of millionaires fell by 23.4 per cent from 168,700 at the end of 2007, to 129,200 at the end of 2008, the Merrill Lynch-Capgemini 13th Annual World Wealth Report says.

   

 June 2009: Steve Waugh Foundation will launch in India more

May 2009: The 2009 BRW Rich List is out this week (26 May). Editor John Stensholt says that the fall in wealth for those listed is more than $25 billion since the publication of last year's list.

For only the fourth time in 26 years of the publication of the Rich List, the entry point has fallen, and by a considerable margin - entry level this year is $150 million, down 25% from last year's $200 million. 




News from Asia

May 2009 Macarthur Foundation pledges US$68 million to promote peace in Asia  Link




 Older news items

May 2007: A report from the QUT Centre for Philanthropy and Non-Profit Studies shows Australians becoming more generous in their charitable giving:Australians donating more than ever before - QUT report.pdf

Australians find deeper pockets for good causes

Boom in charitable giving.pdf  And an interesting comparison with the situation UK universities were in a few years ago with regard to philanthropic giving:Secret of success.pdf Giving Australia Reports 2005Final reports from the Prime Minister's Community Business Partnership's comprehensive research on philanthropy in Australia 

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