Andrew and Nicola Forrest

A commitment of company shares to their own foundation; the foundation then makes grants over time.

How they give

• A commitment of company shares to their own foundation; the foundation then makes grants over time.[1][2]
• Form: public stock. Channel: own foundation.[1]

The math

Every number is footnoted. Where we did the arithmetic, the note shows it.

Documented figure

~$3.3B[1][2]A$5B committed to their Minderoo Foundation via 220 million Fortescue shares (2023) Original: A$5 billion; USD conversion approximate, to confirm.

Paid vs pledged

Committed[1]As reported by the cited sources. A pledge is not proof of payment.

Foundation pass-through vs. reaching charities

Goes through their own vehicle first[1]Money placed in a foundation, DAF or LLC they control reaches charities later, as grants.

% of net worth

Not yet researchedUnknown is not zero.

The gift

A$5B committed to their Minderoo Foundation via 220 million Fortescue shares (2023)

~$3.3B[1][2]

Form

public stock

Status

committed

Channel

own foundation

Recipient

Minderoo Foundation

Date

2023-06

Shares

220 million Fortescue shares

Original amount

A$5 billion

As of

30 June 2023

What it means: A commitment of company shares to their own foundation; the foundation then makes grants over time.

Sources: [1][2]

Giving timeline

Dated facts present in this record, each tied to a numbered citation.

1. 4 April 2023
   Cited disclosure[2]

   Minderoo Foundation - Wikipedia

2. 30 June 2023
   Documented giving record[1]

   Andrew and Nicola Forrest make extraordinary gift to Minderoo Foundation - Philanthropy Australia

Notable gifts / records

Documented giving

~$3.3B [1]

A$5B committed to their Minderoo Foundation via 220 million Fortescue shares (2023)

Scope: Pledged commitment not proof of payment. Period: 2023-06. As of: 2023-06-30.

Sources

• [1] S01 Andrew and Nicola Forrest make extraordinary gift to Minderoo Foundation - Philanthropy Australia Philanthropy Australia · 2023-06-30 · checked 2026-10-11 “… Fri, 30 Jun 2023 In an exceptional act of philanthropy, Andrew and Nicola Forrest have committed an additional A$5 billion to their philanthropic foundation Minderoo, through a donation of 220 million Fortescue shares – one fifth of their …” Page states the figure used here (A$5 billion). Citation check: passed (HTTP 200, figure found near the name).
• [2] S02 Minderoo Foundation - Wikipedia Wikipedia · 2023-04-04 · checked 2026-10-11 “… . ISSN 0261-3077 . Retrieved 15 January 2025 . ↑ Muroi, Millie (21 June 2023). "Andrew and Nicola Forrest donate $5 billion in Fortescue shares" . The Sydney Morning Herald . Retrieved 15 January 2025 . ↑ Burton, Jesinta (28 …” Page states the figure used here (A$5 billion). Citation check: passed (HTTP 200, figure found near the name).

Identity and updates

Identity-claim verification is not live. Use the intake form to add sources. Eligible recognition does not depend on a claimed profile. Public update history in this edition is the 2026-10-11 research preview.

Related in this dataset

SB Sergey Brin United States BP Barbara Picower United States MB Michael Bloomberg United States MZ Mark Zuckerberg & Priscilla Chan United States

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