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  • 5 months ago
Billionaire Charles Gibbon and his wife Claire explain why they have donated more than $16 million to support Indigenous students at the ANU
Transcript
00:00So the structure was very appealing. It's an in-perpetuity structure and the
00:11financing is based on or determined by the investment returns. The ANU is a very
00:19solid organisation and financially very conservative and appealing. It's been
00:32operating now since 2019. We thought that the pillars were in place. The students,
00:42a number of students, have already gone through the program and they've come
00:49out very fine individuals. It was just very well positioned to take another sort
01:02of leap ahead and it is unique in Australia from our experience. It's unique
01:09in Australia and supporting Indigenous organisations. It's really very complex
01:21and there's very few around that have a proven ability to achieve what they set
01:30out to do and it seemed to us that the Jabal Centre had achieved that and was in a
01:38good position to expand significantly. So the scaling of it, that was very
01:47appealing as opposed to putting funds into an organisation that was still an embryonic.
01:53It's moved through that embryonic stage into something that's now sort of fully
02:01fledged and functioning very well with demonstrable outcomes really.
02:07I'm a migrant. I've been very concerned since I arrived from Ireland, you know, 43
02:12years ago. The growing awareness of the injustices towards Indigenous people in
02:16Australia and to have this opportunity to pay it forward, as Aunty Ann says, to pay it back, to pay it
02:21forward means so much to me and I have absolute 100% faith in Aunty Ann and her dedication and being a
02:30part of her family is a real honour. She has clearly the support of the ANU
02:37University and the ANU Council and I think that's really important.
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