Funding and Accountability
The Irish Hospice Foundation (IHF) delivers extensive programmes in a broad range of areas relating to dying, death and bereavement.
We receive very limited funding from the State* which is expected to total 5% of our income in 2016.
We rely on public and philanthropic donations to fund our work, so we could not do our work without public support.
A core value underpinning the work of the Irish Hospice Foundation is our commitment to transparency and accountability.
Since 1986, we have relied on public and philanthropic support to fund our work. It is essential you feel confident in what we do and particularly in how we use your hard earned money.
What we do to ensure your funds are used well
- Our accounts are externally audited and published annually on our website
- We are a registered charity both with the Charities Section of the Revenue Commissioners (CHY6830) and the Charities Regulatory Authority (No. 20013554).
- We prepare our financial statements in accordance with FRS102 and the Charities SORP (Statement of Recommended Practice) (FRS102) as issued by the Charity Commission and the Office of the Scottish Charity Regulator.
- We are fully compliant with The Governance Code for Community and Voluntary Organisations in Ireland since 14th April 2015.
- We have signed up to the Irish Charities Tax Research (ICTR) Statement of Guiding Principles for Fundraising
- We respond fully to every public and media query we receive on our funding.
- We are governed by a Board of Directors , all are volunteers and donate freely of their time, skills and experience. Two independent financial experts sit on our Finance and Remuneration Sub-Committee.
- Our strategic plan (2016-19) sets out our goals and objectives for the coming years.
The Irish Hospice Foundation is 100% committed to the best care at end of life for all.
In 2015, 75% of the funds we raised were donated by the public. Of every €1 we spend, 75 cent is spent directly supporting service delivery and in the development for new services areas. 23 cent is invested on generating funds and 2 cent is spent on governance.
Regrettably our income has declined in recent years. Despite this challenge, we have made a commitment not to cut our services. We believe in openness, transparency and accountability in the charity sector. We will continue to seek new ways of fundraising to maximising efficiency and will continue to use our reserves to meet our programme needs.
Public trust in us is essential. We strive to be transparent in how we do our business. Your donations are used wisely and carefully to provide much needed support and services those at end of life and bereavement.
We cut our fundraising costs significantly last year by bringing 3rd party service costs in-house and will continue to look for reductions where possible.
We can only run our services and deliver quality care for people at end of life, with the commitment and experience of our professional staff. We employ a Chief Executive Officer and a current staff of 38, primarily based in our Nassau Street office. This includes permanent full-time, permanent part-time and contract staff engaged to work on specific projects for a limited period. For example Changing Minds which is a labour intensive project requiring high calibre and highly qualified professionals to develop a code of practice for people with dementia.
We welcome transparency on charity salaries, and have adopted the Standards of Recommended Practice for Charities (SORP) which recommends the reporting of all salaries over €70,000 in bands of €10,000.
The number of higher paid employees in 2016 is detailed below. The CEO of The Irish Hospice Foundation earns an annual salary of €111,958. In 2013, all senior management including the CEO voluntarily took a 5.5% pay reduction. Another member of the senior management team took a voluntary pay reduction of 5% in 2015 and a further 11% in 2016.
- €110,000 to €120,000 1
- €80,000 to €90,000 1
- €70,000 to €80,000 4
The IHF have a Board Finance and Remuneration Committee who independently review and approve salaries for the organisation. All members are external and kindly volunteer their time and expertise. No bonuses are paid to any staff.
Through the work of the professional staff, we are able to harness the efforts of a tremendous team of volunteers who assist us at Board level and in many of our projects underway. We are extremely grateful for their time and expertise. In our work we remember the words of the founder of the modern hospice movement, Dame Cicely Saunders who said;
“You matter because you are you, and you matter to the end of your life. We will do all we can not only to help you die peacefully, but also to live until you die.”
Please continue to support us into the future – Everyone deserves the best care at end of life and in bereavement
*We acknowledge funding for individual programmes received from the Department of the Environment, Community and Local Government (now the Department of Housing, Planning, Community and Local Government) and the Programme, the Scheme to Support National Organisations 2016-2019.