Charitable funds associated with NHS bodies

House of Commons papers 1999-00 516

Format:

Corporate Author:

Great Britain National Audit Office

Publisher:

TSO (The Stationery Office)

There are over 500 trustee bodies administering charitable funds associated with the National Health Service, holding net assets of £1.8 billion. Trustees are responsible for the administration of the individual charities and for ensuring that assets are properly managed, controlled and safeguarded. In 1998-99 income from trusts amounted to £314 million, mainly from donations and investment income. This report sets out the results of examinations the National Audit Office (NAO) undertook of the corporate governance and financial control arrangements at a sample of 21 of the larger trustee bodies, and their findings and conclusions on the arrangements for supervision and accountability of charitable funds associated with the NHS.