# Queens University posts big increase in income

- Link: https://fundraising.co.uk/2014/03/19/queens-university-posts-big-increase-income/
- Published: 2014-03-19T11:17:43+00:00
- Author: Howard Lake

Queens University Foundation in Belfast has increased its fundraising income from
£5.2 million in 2012 to £6.5 million in 2013.

 

The Foundation is the fundraising arm of Queens and has current campaigns to raise
money for a range of science, medical and student services.

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The bulk of the Foundation’s income came from foundations and trusts which totalled
£4.5 million in 2013 (£3.1 million in 2012). In 2012 Atlantic Philanthropies awarded
Queen’s a grant of $24 million for its health services centre.

 

The next largest source of income is corporate at £950,000, up from £880,000 in 
2012. The Foundation has been raising money for its executive offices at Riddel 
Hall over the last few years. Individual income was £740,000 slightly down from 
2012 while legacy income £320,000.

 

The accounts note that the [Queens University Foundation](http://www.qub.ac.uk) 
is expecting an outstanding legacy of £2 million for clinical cancer research.  
In 2013 grants totalling £6.8 million were awarded to university projects.

 

Queens provides office and administrative facilities to the Foundation and the accounts
do not provide a breakdown of expenditure. There is a figure of £4.1 million ‘owed
to a related party’ but it is not clear if this is fundraising or related expenditure.
The Foundation had 16 staff in 2013.

 

 

 

_Photo: [theapothecaryguy](http://www.flickr.com/photos/77519157@N00/5050590351/)
on Flickr.com_

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