Snow Medical partners with University of Sydney in $50 million investment to transform glaucoma treatment
There is new hope of life-changing treatments for people living with glaucoma, the ‘sneak thief of sight’, after the Snow Medical Research Foundation (Snow Medical) announced a $50 million partnership with the University of Sydney to launch the Snow Vision Accelerator this week. It follows a record $100 million gift from the Khuda Family Foundation to the university earlier in February to increase diversity in the STEM sector.
Philanthropy supports professorship to honour Sir Gustav Nossal
The exceptional legacy of former director of the Walter and Eliza Hall Institute (WEHI) and Australian treasure Sir Gustav Nossal AC CBE will continue through an ongoing professorship, enabled through the philanthropy of the Nossal family. Sir Gus is one of Philanthropy Australia’s two patrons.
Support for local NFPs during and after droughts is critical to sustainability and recovery
A report commissioned by FRRR into its long-running Tackling Tough Times Together (TTTT) drought support program has found that funding locally based NFPs and community groups and activities that strengthen social capital during drought sustains communities and supports recovery. The TTTT program ran from 2014 to 2022 and was collaboratively funded by government and philanthropy, awarding $18.6 million via 681 grants.
Video: Inspiring Story – ifarmwell
Designed by Australian farmers, ifarmwell helps other Australian farmers cope effectively with life’s challenges and get the most out of every day.
Interview with Charles Goode AC, the recently retired Chairman of The Ian Potter Foundation
In late March this year, The Ian Potter Foundation announced the retirement of Mr Charles Goode AC from its Board of Governors, effective April 2024. Charles joined the Board at the request of Sir Ian Potter in 1987 and was appointed Chairman in 1994 after the Founder's death. In this interview, Philanthropy Weekly asks the former Chairman to reflect on his 37 years of service to the Foundation.
The book on miscarriage the Victorian Women’s Trust knew had to be written
Around 285 pregnancies result in miscarriage each day in Australia – or around one every five minutes. It’s an extraordinary figure and yet the most common complication associated with childbirth is shrouded in silence, and unfortunately shame, for many of the thousands of affected families. Author Isabelle Oderberg has set out to change some of the perceptions around this all-too-common experience in her book Hard to Bear, the writing of which was supported by philanthropy.
How impact investment is making a difference in global health equity
Impact investing is playing a critical and growing role in the development of medicines to treat ‘neglected diseases’ affecting the world’s poorest and most underserved peoples. These medicines would not otherwise be developed by the pharmaceutical industry, which is primarily driven by financial returns. Here, Mark Sullivan AO, founder and managing director of Medicines Development for Global Health, an Australian biopharmaceutical not-for-profit, describes how this finance model is supporting the development of Moxidectin – a potential gamechanger for the WHO’s roadmap to ending river blindness by 2030.