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Status
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Income
£516.5K
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Spending
£650.1K
Public benefits
The direct benefits flowing from purpose 4.1 include improved job creation and greater employment opportunities for the people of Northern Ireland. The direct benefits flowing from purpose 4.2 include improvements in the quality, effectiveness and range of drugs and other medical treatments available to the general public, and a greater knowledge
and understanding of particular disease types. The direct benefits flowing from purpose 4.3 include improved access to the latest advances in healthcare by members of the general public, particularly those in poor communities (including in developing countries). The direct benefits flowing from purpose 4.4 include advancements in the prevention, control and cure of diseases, a reduction in the incidence of disease among, and improved health outcomes for, the general public at large. The direct benefits flowing from purpose 4.5 include advancements in levels of education and knowledge members of the general public. These benefits are evidenced by: 4.1 Independent evaluation of impact on employment levels in NI and the employment records of Almac Group companies (headcount increase from 1,350 to over 2,500 since 2008) 4.2 Opening of charity-funded facilities (e.g. Daisy Lodge, a therapeutic centre for children with cancer, in 2014), free availability of the results of charity-funded research, and testimonials from organisations 4.3 Regular reporting/monitoring in respect of projects such as the charity’s Community Health & Development Programme carried out in slum areas of Delhi from 2012-15, and inspection visits to hospices, universities and other beneficiary organisations 4.4 Feedback/statistics provided by beneficiaries (e.g. Queen’s University Belfast) and medical professionals, and independent evaluation of activities 4.5 Reporting/monitoring of charity-funded education projects (e.g. those operated by Fields of Life in East Africa), impact evaluation and feedback from institutions As some of the activities supported by the Foundation lead to the development of new drugs and advances in medical treatments, there is a risk of unintended side effects but this is rare and the trustees are satisfied that the benefits flowing from medical advancements significantly outweigh any associated harm. The ultimate beneficiaries of the charity's main activities are the patients and other members of the general public who will benefit directly from medical advancements through the use of diagnostics tools and drugs in the prevention, control and cure of diseases. The charity's beneficiaries also include the residents of Northern Ireland who benefit from the job opportunities created by the charity, and the individuals in receipt of research fellowships and post-doctorate support. The individuals and organisations who receive research funding from the Foundation may benefit from wider exposure in the marketplace, making them better able to exploit the results or products of their research and other activities in a commercial manner. In addition, the Foundation's support of specific projects sometimes facilitates the payment of salaries or expenses to individuals, such as nurses and other medical personnel. The provision of this support is, however, necessary for the achievement of the Foundation's purposes and the private benefit is incidental, far outweighed by the benefit to the general public of the Foundation's activities.
... [more] [less]What your organisation does
The Foundation supports and carries out healthcare research and development programmes at universities, schools of pharmacy and chemistry, and in laboratories to help ensure that the latest advances in healthcare are available to all, including those in developing countries. It also funds research fellowships and provides post-doctorate support to
individuals. The Foundation's current areas of focus include oncology research, with particular regard to ovarian and prostate cancers, palliative care of the elderly, and healthcare education in developing countries. In addition, the Foundation generates and promotes employment opportunities for the people of Northern Ireland.
... [more] [less]The charity’s classifications
- The advancement of education
- The advancement of education
- The advancement of health or the saving of lives
- The relief of those in need by reason of youth, age, ill-health, disability, financial hardship or other disadvantage
Who the charity helps
- General public
- Specific areas of deprivation
How the charity works
- Community development
- Education/training
- Medical/health/sickness
- Research/evaluation