The first comprehensive benchmark of personal philanthropy in Australia’s technology (tech) sector, this report finds this sector uniquely positioned to unlock a new era of giving in Australia. This community is more likely to give, give more and give differently.

Displaying a different relationship to wealth than those in the traditional economy, many interviewees cited luck as a significant factor in their success. Windfall liquidity events also play a key role in catalysing giving earlier in life, with many motivated to start their philanthropy now, not decades down the track. In addition, tech givers exhibit a distinctive giving style, often applying entrepreneurial principles to their philanthropy.

Importantly, this movement isn’t just about the ultra-rich. The opportunity is to catalyse the hundreds of wealthy individuals in tech to start or scale their giving journey now, growing the number of people actively participating in philanthropy in a thoughtful, proactive way.

Key findings

• Growing impact: in just a few years, tech founders’ contribution to major philanthropy has grown from 1% to 21% of total grants made by Australia’s top 50 givers.
• Higher giving rates: 68% of survey respondents said they donate their money, compared to 27% of Australian taxpayers.
• Significant untapped potential: the 30 wealthiest people in Australian tech could easily contribute well over $25 billion to philanthropy, with nearly $19 billion already committed by a handful of this group.