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How are we funded?



St Richard's in an independent hospice that relies mainly on voluntary income to enable us to continue to provide our services.

We need to raise almost 70% of our annual costs to run the hospice from voluntary donations. The remainder is contributed by the NHS.

Voluntary donations include gifts of money and standing orders or gifts in kind, legacies and grants from trusts and other grant-making bodies. We also benefit from company and business sponsorship, payroll giving, employee fundraising, donations from organisations and donations in memoriam.

We have our own volunteer fundraising groups who organise regular events and assist with shop and street collections as well as supporters who place collecting boxes in local community outlets.

Another way or raising income is through our charity shops selling donated goods and other hospice merchandise. In addition we benefit from the local hospices lottery.

St Richard's hospice is a member of the Fundraising Standards Board, and is committed to the highest standards in fundraising practice. As such we aim to adhere to the Fundraising Standard Boards Fundraising Promise and the Codes of Fundraising Practice as established by the Institute of Fundraising.

Cost
No charge is made to patients and families for any of our services. This is made possible due to the generosity of our donors and supporters.
Related Topics funding
Categories Fundraising

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