Hospice maintains income thanks to large legacy
Howard Lake | 18 October 2013 | News
The Irish Hospice Foundation last year managed to record a slight increase in income because of a legacy of €1.5 million, according to the charity’s latest accounts.
Total income for 2012 was €5.33 million, up from €5.23 million the previous year. Apart from legacies, other sources of income declined between 2011 and 2012.
Donations, which includes income from specific national campaigns, fell from €2.6 million to €2.3 million. Key activities in this area were a coffee morning and an emblem appeal.
‘Fundraising income‘ was €1.1 million (€1.2 million in 2011). This included a door to door campaign as well as direct mail campaigns and an annual raffle. The drop in income from these sources was put down to the general economy.
Fundraising costs fell slightly from €1.3 million to €1.2 million and the organisation had funds of €3.5 million.
The Irish Hospice Foundation’s income has grown significantly over the last 10 years, reporting an income of just over €800,000 in 2002.
Recently the organisation received a grant of €1.9 million from Atlantic Philanthropies.
Photo: last Will and testament by ptnphoto on Shutterstock.com
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.