Ramsay Docs

Paul Ramsay Foundation

 In loving memory - Paul Ramsay

Paul Ramsay AO, Chairman and founder of Ramsay Health Care, passed away on 1 May 2014 in his home town of Bowral, leaving a philanthropic bequest of more than $3 billion to charity.

During his life, Mr Ramsay had been a generous benefactor to dozens of charities and worthy causes and in death, he has left the biggest single donation in Australia’s history to his personal foundation.

The Ramsay Board said in a statement released to the market on 2 May that the bulk of Paul’s estate would be “of enduring benefit to the Australian community”.

Given the size of Mr Ramsay’s holding in Ramsay Health Care, the Board advised the market on 2 May 2014, that Mr Ramsay’s Will provides that the bulk of his estate, will be "of enduring benefit to the Australian community" through the already established Paul Ramsay Foundation.

The Foundation will receive the benefit of the vast majority of his controlling shareholding in Ramsay Health Care Limited, which will largely be retained on trust for the Foundation.

This Foundation is administered and controlled by Mr Michael Siddle, Mr Peter Evans and Mr Tony Clark AM, who have had a long term association with Mr Ramsay and are also directors of Ramsay Health Care Limited.

Messrs Siddle, Evans and Clark have indicated that, in accordance with Mr Ramsay’s Will, the intention is for the Foundation to remain as a significant long term shareholder of Ramsay Health Care Limited.

For more information visit www.paulramsayfoundation.org.au

A video Tribute to our friend & founder Paul Ramsay AO
Ray Martin's interview with Paul Ramsay on 50 years of Ramsay Health Care

Corporate Office:

Paul Ramsay Foundation
Corporate Office: Paul Ramsay Foundation
Level 9
154 Pacific Highway

Phone: 61 2 9433 3444
Fax: 61 2 9433 3460