# Legacies help boost Irish Heart Foundation income

- Link: https://fundraising.co.uk/2015/03/04/legacies-help-boost-irish-heart-foundation-income/
- Published: 2015-03-04T10:04:00+00:00
- Author: Howard Lake

**The Irish Heart Foundation’s (IHF) income increased by 35% between 2012 and 2013
mainly due to a significant jump in legacy income, according to the charity’s latest
annual accounts.**

Legacy income in 2013 was €1.3 million, against €600,000 in 2012. IHF says it advertises
extensively for legacies but that it is a volatile source of income.

Total income for IHF was €6.8 million, from €5 million in 2012. All but 8% of the
income comes from voluntary sources. The charity has funds of nearly €9 million.

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Other fundraising IHF initiatives such as Happy Hearts, Overseas Walk, Regional 
Events and Skipathon raised €1.3 million, a decrease of 2% on the previous year.
Happy Hearts raised €320,000 in 2013, down from €380,000 in 2012. Expenditure for
Happy Hearts in 2013 exceeded income nearly €10,000.

Charity walks income did increase from €131,000 to €149,000 in the period but last
year’s expenses for walks were up at €119,000. Skipathon showed most significant
decline, from €128,000 to €54,000.

IHF notes that the fundraising environment has become increasingly competitive and
this has had led to an increase in costs.

The accounts list Arthur Cox, which was recently embroiled in a controversy over
its work for a tobacco company, as IHF’s solicitors.

Source: [www.irishheart.ie](http://www.irishheart.ie/)