The ranks of Australia’s $1 million-plus donors have grown from 100 to 250 in the last four years, in a list recently announced by Fundraising Research & Consulting.
The number of individuals and families known to have given $1 million or higher to Australian charities has more than doubled in the last four years.
A total of 250 names have now made it onto a website list first published as a ‘Top 100’ in 2011 by the prospect research company, Fundraising Research & Consulting (FR&C).
Among them are 190 who have donated $1 million-plus, 57 who have donated over $10 million, and 10 who have donated over $100 million. Click here to read the full list.
Big givers of 2015 include Judith Neilson, who gave $10 million towards a Chair in architecture at UNSW and $41 million to build a new performance space and gallery named ‘Phoenix’; and Barry and Joy Lambert, who injected $33.7 million into the University of Sydney this year for research into medicinal marijuana after it helped their granddaughter with epilepsy.
FR&C says many of those listed will also be among the 266,000 high-net-worth individuals (HNWIs) estimated to be in Australia by 2015 Capgemini World Wealth Report – up from 219,000 year-on-year.
The report, released in June, defines HNWIs as having US $1 million or more in investable assets, excluding their main residence but not their superannuation. It also revealed that for the first time Asia’s wealthy outnumber America’s.
Another important finding reported by Capgemini was that social impact is an increasing focus of philanthropists. It was highlighted as one main thing investors want to hear about from their advisors and it is of particular interest to younger investors – read more here.
Liz Henderson is editor of Fundraising & Philanthropy Magazine
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