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Overview

Yancoal provides grant funding to UTS: ACRI in 2020

Commitments (Constant USD, 2023)$21,939
Commitment Year•2020Country of Activity•AustraliaDirect Recipient Country of Incorporation•AustraliaSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2020
Start (actual)
Jan 1, 2020
End (actual)
Jan 1, 2020

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

  • Yancoal Australia Limited

Receiving agencies

Government Agencies

  • University of Technology Sydney

Loan description

Yancoal provides grant funding to UTS: ACRI in 2020

Narrative

Full Description

Project narrative

In 2020, 14% of the funding for the University of Technology Sydney's Australia-China Relations Institute (UTS: ACRI) derived from industry contributions. The Australia-China Relations Institute is an affiliated think tank established by the University of Technology Sydney to focus on Australia-China relations. Industry supporters for the budget included Yancoal, John Holland (John Holland Pty Ltd), and China Construction Bank (CCB) in addition to 3 other entities (King & Wood Mallesons, Moelis Australia, and PwC). The total external contributions towards the 2020 UTS:ACRI funding totaled to $185,000 AUD, of which Yancoal is estimated to have provided $30,833.3333333 AUD given the assumption of equal contributions.

Staff comments

1. To estimate the contributions by the Chinese state-owned entities, AidData has assumed that each donor granted in equal proportions ($30,833.3333333AUD each) for the $185,000 AUD total corporate contributions.