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Forrests donate $1.3m to Murdoch

Murdoch University’s Institute for Immunology and Infectious Diseases has received a record personal donation; a $1.3 million gift from Fortescue Metals group chairman Andrew Forrest and his wife Nicola, on the same day Mr Forrest's company announced its second dividend payout.

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wa
can you please clarify if Mr Forrest reduces his tax by making these donations ?are the donations tax deductible?

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
61stAtlas Iron187%-42%
204thNorthern Star Resources56%70%
209thMineral Resources53%19%
244thSouth3242%0%
531stFortescue Metals Group-10%13%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/02/18
$0 Issued
19/02/18
$0 Other
19/02/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st-Fortescue Metals Group$10,999.7m
2nd-South32$9,392.9m
4th-Mineral Resources$1,470.4m
5th↓Atlas Iron$896.6m
6th↓Northern Star Resources$850.6m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

554thMark Barnaba$223k
656thSharon Warburton$170k
714thElizabeth Gaines$161k
Ranked by total remuneration from all listed WA companies

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