Cancer Research UK raised £540m in fundraising income in the last financial year, an increase of 2 per cent over the previous year, in one of its most successful fundraising years so far.
This increase was in part thanks to more money raised from legacy donations, Race for Life and Stand Up To Cancer, which all raised more than the previous year. And an additional £2m was raised via Facebook charitable giving, an innovative new fundraising platform that launched towards the end of the year.
Total income for the year was £672m, an increase of 6% on the previous year, which includes fundraising income as well as £125m income from charitable activities – the largest amount ever received, which will be reinvested in research.
Key achievements outlined in Cancer Research UK’s annual report and accounts, include:
- Securing a strong commitment to early cancer diagnosis in the NHS Long Term Plan.
- Three new international Grand Challenge teams awarded £20m each over the next five years, to solve long-standing mysteries in cancer research
- Launching the Cancer Research UK City of London Centre, a £14m investment to create a world-leading cancer therapeutics research hub.
- Launching a new Brain Tumour Award funding scheme, to accelerate progress in research on brain tumours.
Full press release at Cancer Research UK