The Western Health Foundation was established in 2011. It has been established because the Australian Taxation Office (ATO) does not regard public hospitals as a charity. The Foundation is the charitable arm of Western Health.
The Foundation operates as a public company, limited by guarantee. As a separate legal entity the Foundation is endorsed by the Australian Tax Office (ATO) with Tax Concessions Charity (TCC) and Deductable Gift Recipient (DGR) status. The Foundation operates its own accounts, which are submitted annually to the Australian Securities and Investments Commission (ASIC).
The activities of the Foundation are overseen by a Board of Directors who are appointed by Western Health. The Directors bring to the Foundation considerable knowledge and expertise, particularly in the areas of philanthropy and corporate governance.
The staff of the Foundation are provided by Western Health and the costs of establishing the Foundation and, initially, the operating costs are being covered by Western Health.
Funds raised by The Western Health Foundation are not used to fund general hospital operating expenses. Government cannot fund all that Western Health needs to meet the ever increasing requirements of an expanding and ageing population. This is a challenge that is facing public health service providers throughout the country. As a community we can do much to help build Western Health so that it can provide improved health services and facilities for the people of Melbourne's west.