2022 Business and Financial Summary
Income:
During 2022 St. Vincent’s Foundation (SVF) received €897,010 in total income. The source of the funds is set out in the chart below. The biggest contributor was Donations followed by Bequests and Fundraising proceeds.
Funds received were evenly spread throughout the year with €355,755 received in the first half and €341,255 received in the second half
Fundraising by a wide range of supporters and events continued to be very important as well as the very generous decision by many bereaved families to request donations to St. Vincent’s in lieu of funeral flowers.
Reclaims of taxation on donations are included in the overall donation figure.
€735,395 of funds received were restricted to specific causes with €161615 unrestricted.
Individual details of all receipts are shown on the website
Grants:
During the year we made grant disbursements of €440,544.
• €216,687 of total grants was provided to purchase Equipment and Software for patient treatment and support.
• €178,707 was contributed to Medical Education and Research projects.
• €45,150 was spend on Patient Care.
Total grants in 2022 showed a small increase (9%) on 2021.
All Grants are shown separately on our website
Principal Grant Allocations:
• Respiratory research in Sleep Laboratory €20,300
• Rheumatology Equipment €46,000
• Obesity Research €75,000 in partnership with Maynooth University
• Post Graduate education (UCD) €64,000
• Breast Cancer Genetic research in partnership with TCD €12,500
• Dietary equipment in St Michael’s Hospital €12,000
• Completion of TV replacement project €45,150
Expenses:
St. Vincent’s Foundation continues to operate on a voluntary basis with no salaries or wages. Costs were reduced by 24% to €19,975 (2021 €26166). This is largely due to timing of payments and the figure for 2021 included a one-off payment for website improvement
Principal expenses are fees for accounting, legal and insurance, website hosting and maintenance, and production of our donor’s magazine Friends of St. Vincent’s. Travel costs, telephone costs, commission payments to iDonate for online donations, and financial charges make up the balance.
Full details of the 2022 accounts are available below.
2019 SVF accounts file