Committed to advancing
medical research
Supporting the discoveries, treatments and breakthroughs that improve and save lives
Through our investment funds, philanthropic partnerships and community of supporters, we generate funding for Australian medical research while providing investors access to high-quality investment opportunities.Since inception, Hearts & Minds has contributed more than $100 million to support Australian medical research, helping fund innovative research, clinical breakthroughs and life-changing discoveries, making Hearts & Minds one of Australia’s Top Corporate Philanthropists


Why support medical research?
Investment in medical research leads directly to the development of groundbreaking treatments, as well as significant economic returns. Here’s why it matters:
Every person in Australia has benefited from medical research, which leads to the development of new drugs, vaccines, and procedures that prevent or treat diseases.
Australia is a global leader in medical research. Australian scientists have made some of the world’s most important and life-changing medical discoveries. Australia’s health and medical research is an outperforming sector – health science research in Australia is ranked 7th globally, and Australia is ranked 5th in the World Index of Healthcare Innovation (Springer Nature, 2023).
Medical research offers an impressive return on investment. It's estimated that investment in Australian medical research has returned a net benefit of $78 billion. On average, every dollar invested in medical research returns $3.90 in benefits to the population (Association of Australian Medical Research Institutes, 2018).
In 2022, Australia produced 3.4% of the world’s published research, despite being only 0.33% of the world’s population (Australian Universities Accord, 2024).
How are beneficiaries nominated?
We are agnostic in our pursuit of unlocking the boldest medical research ideas. As a result, we support a wide range of research focused on diagnosing, treating, and ultimately finding a cure for various diseases.
All nominated beneficiaries are subject to our selection criteria and due diligence reviews to ensure we are maximising our impact.
We are grateful for the ongoing contributions of our Fund Managers, Directors, and key stakeholders, whose pro bono commitment ensures Hearts & Minds can continue driving impactful medical research.


