The Minderoo Foundation, Forrest's private foundation, was renamed as the Minderoo Group is to be expanded to include higher education contributions. The foundation has given 270 million through the foundation since 2001. In 2014, Andrew and Nicola Forrest pledged 65 million over ten years through the Minderoo Foundation, establishing the Forrest Research Foundation to offer scholarships to students pursuing a PhD at a Western Australian university. In 2017 Forrest donated 400 million to medical research and social causes, and in 2019 donated a further 655 million to expand the existing work of the Minderoo Foundation in areas including cancer research, early childhood development, ocean health, and eliminating modern slavery, the largest ever living donation by any Australian philanthropist.