Money flowing to Cormack Foundation Pty Ltd
$120,026,271 flowed to Cormack Foundation Pty Ltd (1998-99 to 2024-25) from 69 sources; $85,301,621 as donations, $0 public funding. Sources merged and classified, with flows through associated entities.
Key facts
- How much money has Cormack Foundation Pty Ltd received? Cormack Foundation Pty Ltd reported $120,026,271 in receipts between 1998-99 and 2024-25, from 69 sources. $85,301,621 (71%) was donations and $0 (0%) was public funding.
- Where does the money flowing to Cormack Foundation Pty Ltd come from? The largest non-government sources were Berndale Securities Limited ($12,626,702); Goldman Sachs JB Were ($10,757,227); J B Were & Son ($10,752,257).
- Does money reach Cormack Foundation Pty Ltd through related companies or trusts? The AEC returns show no significant routes through related companies or trusts.
What the money is made of
| Donors - organisations | $71,591,663 | 60% |
| Business & financial income | $34,560,041 | 29% |
| Donors - individuals | $13,709,958 | 11% |
| Transfers from related bodies | $100,000 | 0% |
| Government & tax | $64,609 | 0% |
How the money flows
Left to right: original source, any associated body it passed through, then this recipient. Band width is the dollar amount; steps before the last are estimates. Public funding, bank and government income is grouped, and small sources are combined into "Other sources".
Who is behind the money
"Direct" is what the AEC return shows this body receiving from that source. "Via associated bodies" is an estimate of money that reached this body through another recipient (for example a company that received from the source, then passed money on).
| Origin | Type | Direct | Via associated bodies (est.) | Total | Main route |
|---|---|---|---|---|---|
| Commonwealth Bank of Australia | Business & financial income | $18,127,188 | – | $18,127,188 | |
| Berndale Securities Limited | Donors - organisations | $12,626,702 | – | $12,626,702 | |
| Goldman Sachs JB Were | Donors - individuals | $10,757,227 | – | $10,757,227 | |
| J B Were & Son | Donors - organisations | $10,752,257 | – | $10,752,257 | |
| Wesfarmers Limited | Donors - organisations | $10,388,834 | – | $10,388,834 | |
| National Australia Bank | Business & financial income | $10,179,116 | – | $10,179,116 | |
| BHP Group Limited | Donors - organisations | $7,377,689 | – | $7,377,689 | |
| Finclear Services Pty Ltd | Donors - organisations | $7,093,712 | – | $7,093,712 | |
| Rio Tinto Limited | Donors - organisations | $6,456,629 | – | $6,456,629 | |
| Australia and New Zealand Banking Group Ltd | Business & financial income | $2,846,197 | – | $2,846,197 | |
| Westpac Banking Corporation | Business & financial income | $2,782,240 | – | $2,782,240 | |
| Pershing Securities | Donors - individuals | $2,527,381 | – | $2,527,381 | |
| Fosters Group Limited | Donors - organisations | $2,283,125 | – | $2,283,125 | |
| Transurban Holdings Limited | Donors - organisations | $2,053,971 | – | $2,053,971 | |
| Telstra Corporation Limited | Donors - organisations | $1,490,240 | – | $1,490,240 | |
| Receipts from Investments | Donors - organisations | $1,384,452 | – | $1,384,452 | |
| Woolworths Ltd | Donors - organisations | $1,125,058 | – | $1,125,058 | |
| Coles Group Limited | Donors - organisations | $1,063,827 | – | $1,063,827 | |
| Pershing Securities Australia Limited | Donors - organisations | $929,144 | – | $929,144 | |
| Argo Investments Limited | Donors - organisations | $776,516 | – | $776,516 | |
| Milton Corporation Limited | Donors - organisations | $681,738 | – | $681,738 | |
| J B Were Capital Markets | Donors - organisations | $538,161 | – | $538,161 | |
| L1 Long Short Fund Limited | Donors - organisations | $497,100 | – | $497,100 | |
| Westfarmers Limited | Donors - organisations | $436,491 | – | $436,491 | |
| Transurban Group | Donors - organisations | $392,000 | – | $392,000 | |
| MFF Capital Investments Limited | Donors - organisations | $344,750 | – | $344,750 | |
| Magellan High Conviction Trust | Donors - organisations | $325,680 | – | $325,680 | |
| Comonwealth Bank of Australia | Business & financial income | $312,000 | – | $312,000 | |
| Future Generation Investment Company Limited | Donors - organisations | $278,300 | – | $278,300 | |
| QBE Insurance Group Limited | Business & financial income | $269,200 | – | $269,200 | |
| Washington H. Soul Pattinson | Donors - individuals | $224,389 | – | $224,389 | |
| South32 | Donors - organisations | $219,511 | – | $219,511 | |
| Ellerston Asian Investments Limited | Donors - organisations | $217,500 | – | $217,500 | |
| Brambles Limited | Donors - organisations | $173,250 | – | $173,250 | |
| Woodside Energy Ltd | Donors - organisations | $154,504 | – | $154,504 | |
| GWA International | Donors - individuals | $128,339 | – | $128,339 | |
| Alumina Limited | Donors - organisations | $124,877 | – | $124,877 | |
| Woodside Energy Group Ltd | Donors - organisations | $122,848 | – | $122,848 | |
| JB Were Limited | Donors - organisations | $120,220 | – | $120,220 | |
| Future Generation Global Investment Company Limited | Donors - organisations | $119,500 | – | $119,500 |
Funding tree
Largest direct sources. Open an entry to see who funded it (estimated, same financial years).
- Commonwealth Bank of Australia $18,127,188
- Berndale Securities Limited $12,626,702
- Goldman Sachs JB Were $10,757,227
- J B Were & Son $10,752,257
- Wesfarmers Limited $10,388,834
- National Australia Bank $10,179,116
- BHP Group Limited $7,377,689
- Finclear Services Pty Ltd $7,093,712
- Rio Tinto Limited $6,456,629
- Australia and New Zealand Banking Group Ltd $2,846,197
- Westpac Banking Corporation $2,782,240
- Pershing Securities $2,527,381
Where this body sends money
| Recipient | Relationship | Years | Total |
|---|---|---|---|
| Liberal Party of Australia (Victorian Division) | to its party | 1998-99 to 2024-25 | $51,387,350 |
| Liberal Party of Australia | to its party | 2007-08 to 2023-24 | $12,860,000 |
| The Menzies Research Centre Limited | to a sibling entity | 2007-08 to 2024-25 | $1,525,000 |
| Advance Australia | 2023-24 | $500,000 | |
| Hilma's Network Foundation Limited | to a sibling entity | 2023-24 to 2024-25 | $300,000 |
| Country Liberal Party (NT) | 2016-17 | $200,000 | |
| Family First Party | 2015-16 | $25,000 | |
| Liberal Democratic Party | to its party | 2015-16 | $25,000 |
By financial year
| Year | Donations | Transfers | Public funding | Business & other | Total |
|---|---|---|---|---|---|
| 2024-25 | $9,740,667 | $0 | $0 | $2,026,912 | $11,767,579 |
| 2023-24 | $2,663,123 | $0 | $0 | $1,912,812 | $4,575,935 |
| 2022-23 | $3,133,684 | $0 | $0 | $1,629,565 | $4,763,249 |
| 2021-22 | $5,238,336 | $0 | $0 | $1,431,483 | $6,669,819 |
| 2020-21 | $2,070,602 | $0 | $0 | $885,433 | $2,956,035 |
| 2019-20 | $1,976,571 | $0 | $0 | $1,916,930 | $3,893,501 |
| 2018-19 | $2,506,347 | $0 | $0 | $2,221,095 | $4,727,442 |
| 2017-18 | $1,569,593 | $0 | $0 | $2,120,348 | $3,689,941 |
| 2016-17 | $1,320,631 | $0 | $0 | $2,096,408 | $3,417,039 |
| 2015-16 | $1,776,265 | $0 | $0 | $2,086,563 | $3,862,828 |
| 2014-15 | $3,380,256 | $0 | $0 | $2,022,951 | $5,403,207 |
| 2013-14 | $2,554,873 | $0 | $0 | $1,946,074 | $4,500,947 |
| 2012-13 | $1,352,382 | $0 | $0 | $1,926,877 | $3,279,259 |
| 2011-12 | $7,148,609 | $0 | $0 | $1,859,503 | $9,008,112 |
| 2010-11 | $1,120,194 | $100,000 | $0 | $1,673,433 | $2,893,627 |
| 2009-10 | $4,972,823 | $0 | $0 | $1,570,155 | $6,542,978 |
| 2008-09 | $6,308,795 | $0 | $0 | $1,835,773 | $8,144,568 |
| 2007-08 | $2,978,510 | $0 | $0 | $0 | $2,978,510 |
| 2006-07 | $1,186,730 | $0 | $0 | $1,517,650 | $2,704,380 |
| 2005-06 | $2,983,121 | $0 | $0 | $0 | $2,983,121 |
| 2004-05 | $1,125,705 | $0 | $0 | $1,310,450 | $2,436,155 |
| 2003-04 | $4,961,357 | $0 | $0 | $3,839 | $4,965,196 |
| 2002-03 | $3,113,550 | $0 | $0 | $3,660 | $3,117,210 |
| 2001-02 | $2,439,345 | $0 | $0 | $3,549 | $2,442,894 |
| 2000-01 | $1,495,214 | $0 | $0 | $2,650 | $1,497,864 |
| 1999-00 | $3,534,883 | $0 | $0 | $0 | $3,534,883 |
| 1998-99 | $2,649,455 | $0 | $0 | $620,537 | $3,269,992 |
About this data
Returns report yearly totals, not individual transactions, so amounts passing through related bodies are estimated by apportioning what an intermediary passed on across the sources that funded it that year. Names are merged only when the spelling clearly refers to the same body, so one entity can still appear under more than one name. Donors are organisations or individuals giving money; public funding is paid by electoral commissions; business and financial income is bank interest, payment processors and similar; transfers are money moved from a related party body, company or trust.
Source: Australian Electoral Commission, Transparency Register annual returns (Detailed Receipts, Associated Entity Returns, Party Returns). Not an official AEC publication. Updated 13 October 2026. See the About popup for what we add and for licensing.