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Hong Kong Cancer Fund

Major source of income was donation
The second major source of income was sponsorship for two centers
No government subvention
Recorded net loss if only counted the income and expense of two service centers
Recorded a significant surplus in general if counted the self support services as the expenditure was only about 33% of total income
Good fund raising efficiency
Cost of raising every $100 was $12
Fund raising expense was about 23% of total expenditure which was considered as a comparatively high level
Resources might not have been allocated wisely as the total expenditure was only about 33% of income and more resources were allocated to fund raising
Audit report clearly stated the breakdown of expenditure
Project expense, salaries and administrative cost were about 45%, 14% and 15% of total expenditure Front line staff costs were grouped under project expense
Cash and investment in hand were about $118 million that can support about 32-33 months of operation
Diversify investment strategy
Other than listed stocks and bonds, it also held Equity Linked Note (ELN), Currency Linked Note, non-listed oversea bonds and fund etc.
Services included operating 2 service centers and supporting department at public hospitals
Served more than 65,000 people time in 2010

核查日期:Nov. 3, 2018

Rating
 
Fund Needs
$  
Fund-raising efficiency
Fund-raising expenses
Project expense
Staff salaries
Administrative expenses
010

Suggestion

To consider expanding the service so as to help more people in need in a timely manner
To reduce the fund raising expense and allocate more resources on programmes and services
To state clearly the investment strategy

Charity Information

To provide free information and professional support to anyone living with or affected by cancer To make life better for people touched by cancer</br> Operating 2 CancerLink support centres, 6 Cancer Patient Resource Centres, and an Cancer Patient Acupuncture Centre at Prince of Wales Hospital, and CancerLink Hotline</br> Provide cancer education to the public

http://www.cancer-fund.org/

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