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We are committed to leadership in transparency and accountability
London Health Sciences Foundation generated $21.47 million in revenue during the last ﬁscal year and secured pledges for $19.7 million, which will generate revenue for the years ahead.
For every dollar used to raise awareness and funds in FY2014, the Foundation returned almost four dollars through direct donations, events, lotteries and investments. The administrative costs of running the Foundation remained low at 4.5 per cent of total revenue. The cost for conducting our lotteries, including the cost of prizing, was completely covered by lottery ticket sales. The cost for running our signature events was completely covered by sponsorship and event ticket sales.
In FY2014, we disbursed $13.7 million for equipment, patient care initiatives, research, education and fellowships to London Health Sciences Centre and its patient care, research and education partners with the goal of ultimately enhancing and advancing patient and family-centred care. We couldn't do this without you - thank you!