Chosen from a competitive field of 129 applications from every state and territory, the nine organisations selected are: Common Ground, Ember Connect, Global Sisters, Prison Network, Protea Place, SisterWorks, Stepping Stone Social Enterprise, The Social Outfit and WomenCAN Australia.

These partners all support women most impacted by economic inequality – including rural and regional women, incarcerated women, First Nations women, migrant and refugee women, single mothers and women with disability – to access meaningful and sustainable work.

Caroline Gurney, CEO of Future Generation, said: “Gender inequality is holding our country back. Our new partners are doing vital work to help some of Australia’s most vulnerable women build the foundations for economic independence and security. We are delighted to welcome them into the Future Generation family.”

FGW has also announced three new members to its Advisory Committee – Georgina Byron AM, CEO of the Snow Foundation, Carol Schwartz AO, one of Australia’s leading business and community leaders, and Serena Grant, Director of Business and Human Rights at Minderoo Foundation. They bring deep expertise in gender equity, investing in women entrepreneurship, and social impact. They will be joining existing Advisory members, Elana Rubin AM, Natasha Stott Despoja AO, Marianne Perkovic and Elizabeth Lewin.

Geoff Wilson AO, Founder of Future Generation, said: “Securing advisers of Georgina, Carol, and Serena’s calibre is a significant milestone for Future Generation Women. It underscores the strength of the Future Generation model, which allows investors to access leading fund managers and earn solid investment returns, while simultaneously supporting good causes.”

Backed by Andrew and Nicola Forrest’s Minderoo Foundation, FGW is managed entirely by women portfolio managers, who waive all management and performance fees so that 1% of the fund’s assets can be donated to charity each year. The unlisted trust builds on the proven Future Generation model, which has to date donated $100 million to social causes while still delivering investment returns to its 15,000 shareholders.

Emily Fuller, Future Generation’s Social Impact Director, said: “Supporting women to access work – especially those women facing the toughest structural barriers – is one of the critical drivers of closing the economic gap between genders. In future funding rounds, FGW will focus on the other levers, which are building financial capability among women and girls and dismantling the harmful gender norms that are known to underpin the persisting gender gaps in Australia.”

FGW will work with its new partners on a shared measurement framework to track both individual outcomes and collective progress across the portfolio.

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