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St Vincent's Curran Trustee Annual Philanthropy Report

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St Vincent's Curran Trustee Annual Philanthropy Report ABOUT US HIGHLIGHTS In its quest to deliver excellent healthcare for all people, OF THE 2019/2020 FINANCIAL YEAR our Foundations raise funds to support St Vincent’s Hospitals and Facilities in New South Wales. Support of St Vincent’s Hospitals The generous philanthropic contributions of individuals, community groups and businesses helps St Vincent’s 2019/2020 Trustees deliver exceptional patient care, improve our facilities, Charles Curran AC (Chair) * and undertake innovative medical research and clinical Monsignor Tony Doherty AM education. James Dwyer AM Our Foundations, along with St Vincent’s, remain Sister Rose Holman rsc $19.2 million $9.52 million $575,000 committed to helping all those in need, particularly the Belinda Hutchinson AC poor and vulnerable. Sandra McPhee AM During the year total donations received by the St Vincent’s Hospitals we support amounted to $29.3 million, made up of $28.8 million in cash and $716,000 value of in-kind donations. The $28.8 million in cash donations receipted included $15.2 million in grants from the St Vincent’s Curran Foundation and $700,000 in grants from the JW & M Cunningham Foundation. Mission 2019/2020 Board of Directors To raise funds for St Vincent’s Hospitals and Facilities to * Including St Vincent’s Hospital Sydney, Sacred Heart Health Service, St Vincent’s Correctional Health and St Joseph’s Hospital Auburn Richard Haddock AO (Chair) foster excellence and innovation in patient care, clinical education and medical research. Selwyn Black Jeremy Byrne Donations to our Foundations Values Tim Daniel Glen Frost Our Foundations are guided by the values of compassion, justice, integrity and excellence. Maggie Liu A/Prof Anthony Schembri AM Louise Walsh $15.2 million $6.3 million In line with donor wishes, of the total of $15.2 million in donations received by the St Vincent’s Curran Foundation, some were made “Find your guiding inspiration in a specifically to grow the St Vincent’s Curran Endowment, some were held for future special projects and some were distributed for place that dreams are made, with designated special projects (and are included in the $29.3 million above). a lifetime’s preparation there is no John Cunningham AM SCM and Margaret Cunningham made a further in-specie donation of shares valued at $6.3 million to the time to be afraid. See what we’ve JW & M Cunningham Foundation. all become. Together We Are One” Delta Goodrem, St Vincent’s Hospital Ambassador and Patron of The Kinghorn Cancer Centre St Vincent’s Curran Trustee Limited Structure St Vincent’s Curran Trustee Limited administers two Foundations: the St Vincent’s Curran Foundation and the JW & M Cunningham Foundation. Both provide philanthropic funds for St Vincent’s Hospitals in NSW; St Vincent’s Hospital Sydney, St Vincent’s Private Hospital Sydney, Sacred Heart Health Service, St Vincent’s Correctional Health, St Joseph’s Hospital Auburn and St Vincent’s Private Community Hospital Griffith. The St Vincent’s Curran Foundation is also the fundraising organisation for these Cover image (clockwise from top): A/Prof John Moore and Delta Goodrem, Nelune Rajapakse AM and Anna Guillan AM, Dr Michelle Moyle and Dr Stephen Tisch, Clare Sellers and Basil Sellers AM, Ervin Vidor AM and Charlotte Vidor hospitals, co-ordinating philanthropic activity and managing all donor relations and donor care. Together We Are One St Vincent’s Curran Trustee Ltd Philanthropy Report 2020 | 3 TOGETHER WE ARE ONE Working closely with our donors and our clinical colleagues at St Vincent’s Hospitals has always been our focus at the St Vincent’s Curran Foundation. This spirit of collaboration has certainly been key to our success across St Vincent’s in 2020. Shanthini Naidoo and Richard Haddock AO In our approach to philanthropy we maintain a collaborative framework between our donors, our St Vincent’s Curran Endowment Hospital leaders and our clinical colleagues. This in The St Vincent’s Curran Endowment was established as Support for St Vincent’s Thank You turn ensures St Vincent’s Hospitals in NSW can excel part of the Foundation 36 years ago by founders Paul In a difficult year, with much disruption, we are grateful and lead the way in patient care and clinical research, Hospitals’ COVID-19 Response and Elizabeth Curran, and was valued at $31 million at to all our supporters who came “together as one” to supported by a highly trained workforce and the best the end of the 2019/2020 financial year. Funds in the In a year in which none of us could have predicted the help us achieve such a strong philanthropic result. available equipment and facilities. Endowment are invested to secure long-term funding impact of the COVID-19 pandemic on our community, from income to support St Vincent’s. being able to contain the spread of the virus and to Our Foundations have never been prouder to support We wish to always ensure our fundraising efforts are support those who tested positive became the focus St Vincent’s Hospitals, our clinicians and frontline workers fully aligned with the priorities of St Vincent’s Hospitals During the year, $960,000 was received in donations to of the efforts of St Vincent’s Hospitals in NSW. as they stepped up to the challenge presented by the and Research Facilities. This ensures that the impact of the Endowment, and the St Vincent’s Curran Foundation COVID-19 pandemic. Thank you to the CEOs of our the very many generous contributions we receive from approved Endowment Grants of $1.4 million to our The role of the St Vincent’s Curran Endowment in Hospitals, A/Prof Anthony Schembri AM and Tim Daniel, our donors is maximised for the benefit of our patients Hospitals. A list of projects enabled with these grants being able to provide immediate financial assistance whose leadership through this time is to be commended. and the community. can be found on pages 38 and 39. for initiatives that our Hospitals identified as a priority to their response was clearly demonstrated. We would also, as always, like to thank Charles Curran AC, St Vincent’s Curran Foundation JW & M Cunningham Chairman of Trustees, our Trustees, our Board, and the The Foundation was in a position to distribute $450,000 Foundation team. Without your unstinting commitment In 2019/2020 supporters of St Vincent’s Hospitals and the Foundation by way of a special COVID-19 St Vincent’s Curran to our vision we would not have been able to achieve the St Vincent’s Curran Foundation contributed $29.3 million Endowment Grant in April 2020. The grant enabled the outcomes that we have. in donations, bequests and in-kind sponsorships. We express deep appreciation and gratitude to speedy establishment of the COVID-19 Virtual Care Clinic, John Cunningham AM SCM and Margaret Cunningham which has since provided care for hundreds of patients Of course, our enduring gratitude is reserved for our The St Vincent’s Curran Foundation provided for their vision in founding the JW & M Cunningham who tested positive to COVID-19. St Vincent’s family of donors and supporters. Your $15.2 million in grants to the Hospitals, made up of Foundation with St Vincent’s Curran Trustee Ltd as Trustee. support for St Vincent’s Hospitals ensures their strength $13.7 million in Special Project Grants and $1.4 million With additional contributions by supporters to the and capacity to care for our patients and protect the In 2019/2020, grants of $700,000 from the in Endowment Grants.* COVID-19 Response Fund, the St Vincent’s Curran health of our community when it is needed the most. JW & M Cunningham Foundation supported a number of Foundation provided a total of $2.7 million in COVID-19 As you will see in this report by working “together as In this annual Philanthropy Report we showcase some important patient care and clinical research projects. grants to the Public and Private Hospitals. As well as one” we are making a real difference. Thank you again. of the wonderful outcomes across our Public and Private the Virtual Care Clinic, these funds assisted our Private John and Margaret made a further contribution of Hospitals that were enabled through your gifts and Hospital to upgrade the Intensive Care Unit through the $6.3 million to the capital of the Foundation in 2019/2020, Richard Haddock AO Foundation grants, both big and small. In many cases, purchase of new ventilators, beds and cardiac monitors. Chairman of the Board bringing the total value of this Foundation to $19 million, our donors have banded “together as one” to help us St Vincent’s Curran Trustee Ltd achieve significant outcomes and progress towards almost double that of the previous financial year. 2019 Spring Reception major projects, and for this we are immensely grateful. This new Foundation has become another very Shanthini Naidoo CEO and Company Secretary important pillar of philanthropic funding for St Vincent’s A highlight of the year was the 27th Annual Spring St Vincent’s Curran Trustee Ltd * These figures do not include the philanthropic contributions for the Hospitals in NSW. Reception held at the Royal Sydney Golf Club in JW & M Cunningham Foundation. September 2019. We are grateful to our Guest of Honour Her Excellency the Honourable Margaret Beazley AC QC, Governor of New South Wales who paid special tribute to the contributions of our donors which make so many important projects at St Vincent’s Hospitals possible. 4 | St Vincent’s Curran Trustee Ltd Philanthropy Report 2020 Together We Are One Together We Are One St Vincent’s Curran Trustee Ltd Philanthropy Report 2020 | 5 ST VINCENT’S HOSPITALS REPORT We are sure you all agree that the year 2020 has been like no other we have experienced.
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