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Articles on Philanthropy

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The University of Melbourne said last night it seeks to raise $500 million in philanthropic funds by 2017. AAP Image/Julian Smith

Universities eye philanthropic funds but experts warn of risks

Universities are increasingly looking to philanthropists for research funding but experts have warned that donated funds may come with strings attached. The University of Melbourne announced yesterday…
Highly publicised private benefactors are redefining philanthropy in Australia, so now is the time for a discussion on how this wealth can best be harnessed.

Philanthropy in Australia: it’s what you do with it that counts

The recent commitment by Fortescue Metals chief Andrew Forrest to contribute half of his private wealth to philanthropic causes, coming on top of investor Graham Tuckwell’s $50 million donation for equity…
George Soros speaks at the London School of Economics in 2009. EPA/Andy Rain

Open sesame: George Soros and the foundations for change

This week, octogenarian billionaire and well-known philanthropist George Soros will convene a global meeting of the advisory boards of his Open Society Foundation to discuss global poverty, health, climate…
Beyond charity: philanthropists want a stake in giving. Broken Simulacra / flickr.com

Is ‘philanthrocapitalism’ the future of Australian charities?

The collapse of the child-care business ABC Learning in 2010 was an extraordinary chapter in Australian corporate history. Colourful Queensland businessman Eddy Groves, built the world’s largest publicly…
Newsrooms are changing, and so is the business model that underpins them. Flickr/Caroline Treadway

Charity case: can philanthropic journalism last?

Despite rapid growth in the number of non-profit investigative centres in the United States and many fine examples of quality journalism by such centres, uncertainty remains over the longer-term sustainability…
Ben Quilty’s portrait of Margaret Olley won the Archibald Prize this year. Art Gallery of New South Wales: www.artgallery.nsw.gov.au

Margaret Olley: portraits of a much-loved artist

Margaret Olley, one of Australia’s best known artists, has died at her home in Sydney. She was 88. Art Gallery of NSW director, Edmund Capon, described her in a statement as “passionate, committed and…

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