Wednesday, 17 August 2022
- Advertisement -
Wednesday, 17 August 2022

Barts Charity announces new five-year strategy

Barts Charity has published its new five-year strategy, which aims to build on its strong foundations and guide its grant giving of £150m+ over the next five years. 

The charity awards around £30million each year in grants which bring life-changing improvements to health for the people of East London. It works primarily with partners at Barts Health NHS Trust and the Faculty of Medicine and Dentistry at Queen Mary University of London to fund medical research and healthcare projects.  

Fiona Miller Smith, Barts Charity Chief Executive, told Charity Today

“Central to our 2022-2027 strategy is the importance of our strategic partnerships with Barts Health NHS Trust and the Faculty of Medicine and Dentistry at the Queen Mary University of London. This partnership enables us to identify, develop and support transformational healthcare and research projects that will make life-changing improvements for the people of East London.”

Victoria King, Director of Funding & Impact, adds:

“Over the last five years, we have given £144m to fund transformative research and healthcare projects in East London and we are delighted and proud at the impact our funding has achieved. For example, all Barts Health hospitals now have a charity-funded, dedicated staff wellbeing space to support NHS staff. Our strategic investment into cancer research has enabled significant advances in a number of areas including the understanding of drug-resistant cancer cells. The Women’s and Neonatal Unit at Whipps Cross Hospital has been rebuilt and modernised to improve the experience of women and their families in East London.” 

Barts Charity will now build on this legacy with a further £150m+ to be given over the next five years in key areas of research and healthcare aimed at delivering life-changing improvements to health for the people of East London. Running alongside this will be a focus on diversifying and growing its income to realise the ambitions in the new strategy.  

Sitting under a refreshed and more tightly focused vision and mission, is a set of five overarching strategic objectives which will direct the charity’s activity over the next five years:

·       Research – Funding high-quality and innovative research that enhances an understanding of health and illness and has the potential to improve and/ or save lives in East London. 

·       Healthcare – Facilitating transformation to patient care and support for dedicated NHS staff, primarily focusing efforts at Barts Health. 

·       Fundraising and Communications – Transforming the charity’s approach to fundraising and significantly growing revenue to achieve the ambitions of the mission. Inspiring greater support by communicating about the people and projects that are funded and the impact they make. 

·       Endowment – Managing the endowment to ensure full advantage is taken of potential opportunities to deliver the mission, now and in the future. 

·       How we work – Setting high standards for how the charity operates and aiming to maximise the impact it makes with its resources. 

Finally, a significant milestone takes place during the life of this strategy which is the celebration of the 900th anniversary of St Bartholomew’s Hospital in 2023. To mark this anniversary and in line with the new strategic objectives, Barts Charity aims to fund two new world-class medical centres in East London: a dedicated Breast Cancer Centre at St Bartholomew’s Hospital and a state-of-the-art Clinical Research Facility at The Royal London Hospital.  

WEEKLY DIGEST

Every Tuesday, receive the latest charity news, information and advice.

Related News