Page 22 - TOH Ka mua Ka mori_2022

CHAIRPERSON’S REPORT
TE OMANGA HOSPICE FOUNDATION
The Foundation was established in 2005 to provide financial support to the Te Omanga Hospice Trust for its work in providing palliative care to those people living with a terminal or life limiting illness in the Hutt Valley, particularly through adverse economic cycles and unexpected events.
Funds invested by the Foundation assist the hospice in managing the deficit from government funding and ensures its sustainability. The value of the investment fund dropped 12% during the year due to COVID,
the prolonged war in Ukraine and rising costs which impacted the confidence of global markets and a slowdown in economic growth. This drop in value may impact the Foundation’s ability to support the hospice in future years.
Despite the decrease in the value of the fund the Foundation was pleased to be able to support the hospice with funding to implement the move to SharePoint and the installation of air conditioning in the clinical staff room. The Foundation also continued to support professional development through the Jean Murray Nicholson Scholarship and research projects through the Murray Bond Research Fellowship.
This has certainly been another challenging year
for the hospice. It was pleasing to see how well the hospice team navigated their way through these challenges to ensure patients and families continued to receive excellent care.
The Trustees thank the Chief Executive, Biddy Harford and the Executive Leadership Team for their continued support.
I wish to record my thanks to my fellow trustees, Sam Knowles, Gerard Dewar, and Judy Bain for their ongoing support and expertise through another challenging year.
On behalf of the Trustees, I thank our community for their continuing support for Te Omanga Hospice, and in particular I would like to acknowledge those supporters who make an annual financial pledge to the Foundation.
Gavin J Murphy JP DipFS Chairman
Te Omanga Hospice Foundation
Keith Quinn MNZM, Patron,
Te Omanga Hospice Foundation
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