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    Coaxial Foundation

    Coaxial Foundation is a foundation that Nicola Forrest set up in 2023 to redistribute her wealth, focused on early childhood development, women and First Nations communities.

    Chief executive
    Philippa Watson
    Major gifts tracked
    $360 million

    Major gifts to Coaxial Foundation

    DonorAmount
    Nicola ForrestRead the story$360 million

    Key facts

    Focus
    Early childhood development, women and First Nations communitiessource
    Gift received
    A$520 million, about US$360 million, in cash and Fortescue shares, announced October 9, 2026source
    Antler partnership
    $50 million to help female founders access capital, networks and supportsource

    WYDE coverage of Coaxial Foundation

    Sources

    Track the institutions that move money.

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