Monday, 29 June, 2020 - 14:14
Foundations deliver financial benefit
Mining agreements in the Pilbara have delivered large financial returns to selected Aboriginal groups.
The General Gumala Foundation aims to build partnerships that deliver long term and sustainable programs providing real social, economic, environmental and cultural outcomes for the Yinhawangka, Banjima and Nyiyaparli people of the Pilbara region in Western Australia.
Rank | Company | # | |
---|---|---|---|
1st | - | The General Gumala Foundation | $354,186,113 |
2nd | - | IBN Charitable Foundation | $215,498,796 |
3rd | ![]() |
Noongar Boodja Trust | $192,851,241 |
4th | ![]() |
Banjima Charitable Trust | $164,918,209 |
5th | - | Nyiyaparli Charitable Trust | $153,049,104 |
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NEWS: Tagged in Litigation funds for Aboriginal groups | 10 Jan 2025 |
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NEWS: Tagged in Rio, Gumala dispute continues | 07 Jan 2025 |
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NEW ROLE: Yale Bolto, Chairperson | 06 Jan 2025 |
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NEW ROLE: Jess Karlsson, Chief Executive | 09 Aug 2024 |
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NEWS: Tagged in Aboriginal mining royalties hit $370m | 24 May 2024 |
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NEWS: Tagged in BHP in royalties dispute | 08 Mar 2024 |
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UPDATED: Indigenous Charitable Trusts list | 06 Mar 2024 |
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NEWS: Tagged in Rio pays $125m over royalties dispute | 03 Jan 2024 |
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UPDATED: Indigenous Charitable Trusts list | 18 Apr 2023 |
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NEWS: Tagged in Mining royalties a black and white issue | 14 Feb 2023 |
Mining agreements in the Pilbara have delivered large financial returns to selected Aboriginal groups.
WA’s largest Aboriginal health service has come out of administration after appointing a new board and modernising its governance rules, with independent directors given voting powers.
Philanthropic donations increased in 2020, despite predictions it would fall.
Aboriginal groups are vigorously opposed to government reform efforts, leaving challenges for industry.
Long-running efforts by Attorney General John Quigley to increase scrutiny of Aboriginal trusts has culminated in plans for a new regulator with powers akin to a royal commission.
One of WA’s largest Aboriginal corporations says Rio Tinto is not serious in its efforts to modernise a contentious land use agreement, with tens of millions of dollars at stake.
Mining royalties paid to all Aboriginal groups in WA are less than half the amount paid to four wealthy families, new research has found.
Mining giant Rio Tinto has paid $125 million to a major Aboriginal group in the Pilbara and is likely to contribute more in future after underpaying royalties over many years.
An Aboriginal charity that was paid $47 million in mining royalties last year could find itself out of pocket after BHP concluded it had paid too much over an extended period.
New financial reports show a handful of Aboriginal groups gaining more income from mining royalties but others going backwards, while the sector as a whole remains the poor cousin.
WA’s largest indigenous trust has reported a huge jump in annual revenue after recording $166 million in royalty payments from Rio Tinto but this was not enough to resolve a long-running dispute.
A major Aboriginal corporation has launched two new ventures to help other Aboriginal groups in legal disputes after securing a $125 million compensation payout from Rio Tinto.
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The General Gumala Foundation is included in 1 list - Indigenous Charitable Trusts.