Feeney gives it away (again)

By Administrator |

Former DFS Group founder Chuck Feeney has generously pledged more than $100m to help three organisations in Australia's state of Queensland to research new cures for diseases, including several types of cancer and diabetes.


Feeney is donating the money through his charitable Atlantic Philanthropies foundation and it will be used alongside another $500m from the State Government and the Commonwealth to help fund the Translational Research Institute at Princess Alexandra Hospital and the Smart State Medical Research Centre at the Queensland Institute of Medical Research. It will also help fund Queensland University of Technology's new Science and Technology Precinct.

The donation by Feeney's AP charitable foundation is said to be the largest by a single philanthropic organisation in Australian history and follows others made by Feeney in the past to promote medical advancement in the country.

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