2022 - 2023 in review The NORTH Foundation had continued growth in its supporter base and received generous contributions from the community throughout the year. Philanthropic income saw a substantial increase of $2.8 million compared to FY22. $11 million revenue received
funding 17 causes across the NSLHD as nominated by donors
from 1,900 donors
Total philanthropic income In FY2023, the NORTH Foundation gained an additional 604 donors compared to the previous financial year. Our 1,900 generous donors contributed to a 34% increase in revenue from FY2022, providing more opportunities for world-leading medical research and excellent patient care.
Bequest income Gifts in Wills, also known as bequests, are an investment in the future of healthcare and these acts of selfless generosity have enabled the NORTH Foundation to support, grow and improve health services and medical research across the district. In FY2023 over half of our revenue was from those who left a bequest to the NORTH Foundation. We received $6.4 million in bequest income and had more enquiries than ever from people interested in leaving a gift in their Will.
$6.4 million in bequest income
$4.6 million in non-bequest income
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