The Foundation
Sources of funding
The Foundation takes its annual revenues chiefly from two sources: individual donations, eligible for an income tax deduction, and contribution to specific projects run by St. Mary's Hospital Lacor.
Legend (of figure above):
Produits = Revenues
Dons = Donations
Recouvr. frais admin = Administrative cost recovery
Autres = Other
Expenses trends
Legend (of the figure to the left)
Charges = Expenses
Subventions = Grants
Assistance technique = Technical assistance
Up to 2023, the Foundation's labour costs contributed to keep administrative cost relatively high (they always amounted to more than 15% of all expenses, which was unsustainable). Starting in 2024, the Board assessed and reviewed its main business processes and the administrative or running costs of the Foundation started to decrease markedly. The review coincided with the arrival on the Board of a director with strong international development and financial management experience, knowledgeable in state-of-the-art administrative processes in the sector.
Today, administrative expenses are at a minimum (at about 5% of total expenses) and operating expenses are at a sustainable level, which ensures transparency as well as strong management of the donations and contributions that the funders of the Foundation expect. The majority of salary expenses are directly related to the mandate, which is to support Lacor Hospital. In addition to the transfer of funds, there is a transfer of knowledge which strenghthens the administrative functions of the Hospital in support of its founders' vision.
Legend (of figure above):
Indicateurs de gestion = Management indicators
Salaires vs produits = Salaries vs Revenues
St. Mary's Hospital's overview
Hospital patients cover between 27 % and 30 % of the Hospital's operating costs. In an environment where there is no universal health care, nor any capacity to fund one, St. Mary's Hospital Lacor stands out: it refuses care to no one.
The following graphs show the financial aspects of St. Mary's Hospital, separating the nursing school from the health care operations:
The Hospital's results, and many performance indicators, are updated from time to time on its web site: Statistics – St. Mary’s Hospital Lacor
The image below shows the Hospital's patient fees (2024) in Uganda Shillings (UGX). 1 CA$ = 2,600 UGX (approximately)
