About: Cormack Foundation

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Cormack Foundation Pty. Ltd. is an Australian investment company established to hold for the Liberal Party of Australia (Victorian Division) and associated entities. Named in honour of former Senate President Magnus Cormack, the company was set up in 1988 with the proceeds of $15 million from the sale of former Melbourne radio station 3XY, the broadcast licence of which had been originally licensed to Liberal Party precursor the United Australia Party. 3XY was sold in 1986 for $15.75 million.

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rdf:type	yago:Abstraction100002137 yago:FinancialInstitution108054721 yago:Group100031264 yago:Institution108053576 yago:InvestmentCompany108070850 yago:NondepositoryFinancialInstitution108419984 yago:Organization108008335 yago:WikicatInvestmentCompaniesOfAustralia yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity yago:SocialGroup107950920
rdfs:label	Cormack Foundation (en)
rdfs:comment	Cormack Foundation Pty. Ltd. is an Australian investment company established to hold for the Liberal Party of Australia (Victorian Division) and associated entities. Named in honour of former Senate President Magnus Cormack, the company was set up in 1988 with the proceeds of $15 million from the sale of former Melbourne radio station 3XY, the broadcast licence of which had been originally licensed to Liberal Party precursor the United Australia Party. 3XY was sold in 1986 for $15.75 million. (en)
dcterms:subject	Political funding Investment companies of Australia
Wikipage page ID	13100713 (xsd:integer)
Wikipage revision ID	1103456475 (xsd:integer)
Link from a Wikipage to another Wikipage	Campaign finance Charles Goode United Australia Party Melbourne Liberal Democratic Party (Australia) Liberal Party of Australia (Victorian Division) Magnus Cormack Australian dollar John Curtin House Family First Party Federal Court of Australia Centre for Independent Studies Pyrrhic victory Political funding Investment companies of Australia Australian Electoral Commission Margaret Guilfoyle Hugh Morgan (businessman) Institute of Public Affairs Michael Kroger Political funding in Australia 3EE dbr:John_Calvert-Jones dbr:Stanley_Guilfoyle
Link from a Wikipage to an external page	http://periodicdisclosures.aec.gov.au/Returns/56/TOPZ0.pdf https://web.archive.org/web/20110706121628/http:/search.asic.gov.au/cgi-bin/gns030c%3Facn=006_935_119&juris=9&hdtext=ACN&srchsrc=1
sameAs	Cormack Foundation Cormack Foundation Cormack Foundation Cormack Foundation
dbp:wikiPageUsesTemplate	dbt:Reflist dbt:Verification dbt:Liberal_Party_of_Australia
has abstract	Cormack Foundation Pty. Ltd. is an Australian investment company established to hold for the Liberal Party of Australia (Victorian Division) and associated entities. Named in honour of former Senate President Magnus Cormack, the company was set up in 1988 with the proceeds of $15 million from the sale of former Melbourne radio station 3XY, the broadcast licence of which had been originally licensed to Liberal Party precursor the United Australia Party. 3XY was sold in 1986 for $15.75 million. As of 2018, the Cormack Foundation is worth $70 million and has distributed over $40 million to the Liberal Party since it was founded. The Cormack Foundation is typically the largest single donor to the Liberal Party, but it has also contributed to Family First and the Liberal Democratic Party and right-wing think tanks the Centre for Independent Studies and the Institute of Public Affairs. Donations to the Liberal Democrats angered the Victorian Liberal Party as the Liberal Democrats preferenced against the Liberal Party in the 2016 Federal Election in the marginal seats of Dunkley and La Trobe and preferenced Cathy McGowan in Indi ahead of the Liberal Party. (en)
prov:wasDerivedFrom	wikipedia-en:Cormack_Foundation?oldid=1103456475&ns=0
page length (characters) of wiki page	11275 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Cormack_Foundation
is Link from a Wikipage to another Wikipage of	Liberal Party of Australia Magnus Cormack John Curtin House Margaret Guilfoyle Institute of Public Affairs Michael Kroger Political funding in Australia
is foaf:primaryTopic of	wikipedia-en:Cormack_Foundation

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