Our Funding & Governance
LauraLynn is financed largely through the generosity of public donations for our children’s hospice and palliative care service, while the HSE funds our adult and children Disability Services under a Section Service Level Arrangement.
LauraLynn is proud to be a ‘Triple Lock Member’ of the Charities Institute of Ireland. We take the commitment and trust of our donors and funders very seriously and we honour it by providing clear and transparent information about how we raise our money, how we account for it and how we spend it.
Here’s how our money was spent in 2017…
For every €1 we spend
Thanks to the generosity and goodwill of the public and business community, in 2017 we raised to €3,509,173 provide our children’s hospice care services. This represents an increase of 4% on our 2016 fundraising income.
Here’s where our fundraised income came from in 2017…
More information can be found in our 2017 Annual Report.
LauraLynn publishes its financial accounts annually. In the absence of statutory reporting standards for charities in Ireland, our financial accounts are prepared in accordance with UK best practice, SORP (Statement of Recommended Practice).
We are fully transparent about our finances and adhere to Irish Charities Tax Research Ltd (ICTR) Guiding Principles for Fundraising and the Charities Regulatory Authority Guidelines for Charitable Organisations on Fundraising from the Public as well the HSE Compliance Statement for Section 38 Agencies and the Governance Code for Community, Voluntary & Charitable Organisations.
LauraLynn Board members and the chairman of the Board are volunteers and donate freely of their time, skills and experience. They receive no remuneration in respect of their services.
Further information is available in our annual reports, which are available to download below. If you have any queries about our finances, please contact Sarah O’Callaghan at 01 289 3151.
Our Annual Reports
Download our Annual Reports and Financial Statements.