How we are funded
Severn Hospice provides all its services free of charge. The majority of the funding to enable it to do so comes from public donations and the NHS, with the balance generated by the Hospice’s shops, lottery, trading company (mainly Christmas cards) and from investment income and bank balances.
Local people continue to be very generous to our Hospice. In 2009/10 donations totalled £1,285,572 and legacies £1,578,631 accounting for 39% of total income. In both cases this is less that in the previous year, reflecting a general decrease in donations to charities arising from the economic down turn. Our Hospice lottery and shops continue to make their indispensable regular recurring contribution.
Fundraising administration costs were maintained at only 8% which compares very favourably with other charities. Happily, this means that over 90p in every pound donated goes directly toward supporting care for local individuals.
Total charitable expenditure was up 11% to £5,465,147. This was mainly due to the full opening of Telford Hospice, inflationary pressures particularly on salary costs and to increased activity in terms of both inpatient referrals and providing palliative care at home.
Major works were completed at our Shrewsbury Hospice with Perry Ward being upgraded and the roof being replaced on Breidden Ward.
Once again, the local community, through the admirable dedication and efforts of so many individuals and groups, has enabled Severn Hospice, through careful management and developing a contingency plan, to end the year in a strong position despite the prevailing economic conditions.
Download our most recent set of accounts for further details.
