# Queens’ income down by 20%

- Link: https://fundraising.co.uk/2018/04/18/queens-income-down-20-percent/
- Published: 2018-04-18T07:17:11+01:00
- Author: Howard Lake

**Queens University Belfast Foundation saw its income fall by over 20% last year,
according to the latest accounts.**

Total income up to July 2017 was £6.3 million, down from £8 million in 2016. The
2016 figure itself was considerably down on the income figure for 2015 which stood
at £15 million.

With the exception of legacy income, which included an exceptionally large legacy
of £3.2 million for heart research, all income categories fell. Individual income
was down from just under £1.1 million to £848,000 despite the Foundation reporting
an 18% increase in the Annual Fund due to a ‘well managed telephone campaign.’

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33,000 people were contacted by telephone and direct mail during the year. The Foundation
says fundraising from patients for medical causes continued to grow and recorded
an income of £250,000 last year.

Charitable donations came in at £1.2 million, from £3.5 million the year before.
This category includes charitable trust income and the fall in income may reflect
the winding down of Atlantic Philanthropy support which the Foundation benefited
from greatly over the years.

Corporate income was down from £2.6 million to just over £800,000 in 2017. The Foundation
signed a new three year contract with Santander worth £115,000 to support scholarships
and student mobility.

The growth in legacies was the product of a ‘clear five year strategy,’ the Foundation
says, which last year led to 200 new enquiries from potential legators.

Expenses for [Queens University Belfast Foundation](http://www.queensfoundation.com)
are not accounted for in the Foundation’s annual accounts as these are borne by 
Queen’s University itself.

_Main image: Queens University Belfast by [theapothecaryguy on Flickr.com](http://www.flickr.com/photos/77519157@N00/5050590351)_

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