Annual Operating Campaign

 

How a Hospice is Funded

 

The Ministry of Health and Long Term Care funds slightly less than half of the annual operating costs by providing $105,000 per bed for nursing care – less than half of the annual cost to operate the hospice. The annual operating budget will be $1,340,000 to operate 8 beds, leaving approximately $500,000 to be raised annually by the community for all the other costs – supplies, food, heat, cooling, electricity, administrative staff, volunteer support, fund raising costs.

 

Hospices in Ontario currently receive donations equally from three areas:

  • in memoriam gifts
  • special events (Hike for Hospice, golf tournaments, galas, etc.)
  • corporate  and individual support

 

What Your Donations Are Used For         

 

All residential hospices in Ontario receive partial funding from the Ministry of Health and must raise the remaining dollars needed to meet their overall operating budget.

 

To help keep our operating costs as low as possible, we have collaborated with Tri-County Mennonite’s Greenwood Court Long Term Care and Residences and Huron Hospice. By sharing administrative resources - such as purchasing, payroll, human resources, housekeeping, maintenance and fundraisers - we are able to reduce our annual operating costs. Hospice direct services – both medical and non-medical, remain separate and completely focused on end-of-life care.

 

Stratford Perth Hospice will receive $840,000 (for 8 beds) annually from the South West Local Health Integration Network (LHIN) to be used for direct medical costs. For our hospice, this only covers part of the cost of salaries for our clinical staff. We rely on donations from the community to cover the cost of all other expenses.

 

 

 

 

Thank You Leadership Donors!

 

City of Stratford
$1,500,000

 

Rotary Club of Stratford

$440,000