Aussie philanthropists go on study tour to US

A dozen wealthy Australian families will meet a high-profile line-up of American philanthropists including the Rockefeller family, hedge fund manager David Einhorn and Warren Buffett’s son, Peter, to learn how better to give away their millions. 

The touring philanthropists, who include members of the Myer Foundation, Vincent Fairfax Family Foundation, English Family Foundation, will spend four days in meetings in New York and Washington gaining insight into some of the world’s most successful foundations.


Read More

Silver Chef owner Allan English gives giant charity donation

WHAT do you do after you’ve made your pile of dough? Give a big chunk of it away.

Taking a page from the playbook of mega-philanthropist Warren Buffett, Brisbane businessman Allan English has transferred more than half his shareholding in his Silver Chef business to a charitable organisation.

English, who presided over a stellar result yesterday for the equipment rental firm, shifted the 4.5 million shares in stages over the past three years to his English Family Foundation. It is now the singled biggest shareholder in the business.

The portfolio, worth about $28 million, backs a range of worthy projects across southeast Queensland and in developing countries.


Read the complete article here

Read More