Since 2006, Mercy Health Foundation has worked hard to establish a $13 million endowment that supports Mercy Health’s programs to advance care and improve the life outcomes of people in need.
Mercy Health Foundation exists to foster relationships with people who care most about Mercy Health’s work and give them the opportunity to support this work in a meaningful way.
Mercy Health Foundation supports Mercy Health to advance care and improve life outcomes through three main activities: raising funds, investing funds (endowments) and distributing funds.
Raising funds
Most of our efforts relate to the raising of funds. Philanthropy is instrumental in delivering on our mission and supporting work that would otherwise never be able to happen.
The Foundation works closely with our many varied donors, including large philanthropic and family donors, corporate partners, event participants, community fundraisers and Mercy Health staff.
Our efforts in raising funds are divided into the following key areas:
- Major gifts and philanthropy
- Campaigns and appeals;
- Volunteer fundraising;
- Corporate partnerships and
- Gifts in Wills.
Investment of Funds
Our investments are managed by external funds management organisations. Our investment strategy, endorsed and led by our board of directors, clearly outlines the objectives and approach we adopt in managing our investments. The strategy also identifies the associated risks we face while conducting investment operations, and any prohibited investments that do not align with our ethical, values-based approach.
Distribution of Funds
We distribute funds to specific programs, projects and areas of Mercy Health at the request of the specific department or business area. These requests are reviewed and approved by the Chief Executive Officer, Mercy Health Foundation.
The Foundation is managed in compliance with the Public Ancillary Fund Guidelines and the ACNC’s requirements.
Last reviewed September 21, 2023.