“50% of Australians earning over a million dollars don’t have a giving plan. That’s not good enough.” 

Australia is a wealthy country, yet half of those earning over a million dollars don’t have a structured giving plan. Edward Simpson, board member of The James Fairfax Foundation, is urging Australians to step up and make a difference. "We can do better," he says, pointing out that philanthropy is crucial for providing the very best care to sick kids whenever and wherever they need it. 

The James Fairfax Foundation is a powerful example of how structured giving can have a lasting impact. For years, the Foundation has supported Sydney Children's Hospitals Foundation (SCHF), continuing the legacy of James Fairfax. Fairfax believed in giving back, driven by a sense of duty and compassion. His generosity was not just a reflection of inherited wealth, but of a deep commitment to help those in need, particularly in the areas of children's health and medical research. 

This commitment began with a personal connection. As a child, James Fairfax's life was saved by pioneering paediatric care. This experience led him to become a dedicated supporter of children’s hospitals, a legacy that continues today through the Foundation's ongoing contributions to SCHF. 

However, the need for philanthropy goes beyond the generosity of one foundation. Simpson emphasises the importance of a culture of giving across the country. "The most impactful philanthropy comes from the heart," he says. "Think about what matters to you—whether it’s children’s health, the arts, or another cause that has touched your life. Then ask yourself: How can I help?" 

The reality is that philanthropy doesn’t have to be complex. It starts with a simple question: What can I do to make a difference? Simpson encourages Australians to create structured giving plans, no matter the size of the contribution. Every bit counts when it comes to supporting causes like world-class care and life-changing research for children in need. 

"The government can’t do everything," Simpson adds. "That’s why private giving is so important. We have the power to change lives, but it requires action. It’s time to step up." 

By contributing to organisations like SCHF, Australians can ensure that their wealth has a meaningful impact. The James Fairfax Foundation has shown how consistent, thoughtful philanthropy can create a legacy that lasts for generations. Now, it’s time for others to join in and make their own mark on the future. 

If you’re among the 50% of Australians without a giving plan, now is the time to change that. Support the causes that matter to you. Make a difference in the lives of those who need it most. 

To find out more about how you can support kids' health, contact SCHF’s major gifts team at major-gifts@schf.org.au.