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$65 Million Gift Supports Research at 5 Australian Universities

$65 Million Gift Supports Research at 5 Australian Universities
October 15, 2013

An Australian businessman who made his fortune mining precious metals will donate $65 million to support research fellowships and scholarships at five universities in Western Australia, The Australian reported. Andrew Forrest, who heads Fortescue Metals Group, will donate $50 million to create the Forrest Foundation, which will fund grants at the University of Western Australia and four other institutions in the region, and $15 million to build a residential college for rising research stars at Western Australia. The gift is among the largest in the history of Australian higher education, the newspaper reported.

As part of the donation, a new $50m Forrest Foundation will be set up to fund scholarships and postdoctoral fellowships at UWA and WA's four other universities.

- See more at: http://www.theaustralian.com.au/higher-education/forrest-digs-deep-with-65m-gift/story-e6frgcjx-1226739826619#sthash.qLyHaRos.dpuf

As part of the donation, a new $50m Forrest Foundation will be set up to fund scholarships and postdoctoral fellowships at UWA and WA's four other universities.

- See more at: http://www.theaustralian.com.au/higher-education/forrest-digs-deep-with-65m-gift/story-e6frgcjx-1226739826619#sthash.qLyHaRos.dpuf

 

 

 

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