NBCF’s goal is to maximise the amount of funds that we can make available for research, and the impact of that research. Experience has shown us this cannot be done by volunteers alone, although we rely heavily on a large network of volunteers in the research and wider Australian communities. We therefore need infrastructure and experienced staff to provide necessary skill, and governance to achieve our goal. It’s important to note however that these costs incurred are still contributing to our overall ability to achieve our goal.

With this in mind, NBCF’s administrational costs include staff costs, rent, marketing, IT and any other operational costs including amortisation. In the last financial year 2019 the relative cost of administration was 23.6%.

While NBCF is proud of its cautious use of funds for administration we believe this is an inadequate measure of the organisation.  A true measure of the importance of each donation comes from consideration of the organisation’s impact in the community and on the achievements towards the overall mission and objectives.

As you know, NBCF seeks to change outcomes for people impacted by breast cancer and reduces deaths from the disease. It will achieve this through investment in outstanding Australian cancer research. Since our inception in 1994, we have seen the survival rate of breast cancer in Australia increase from 76% to 92%. This is proof that investment in world-class breast cancer research is making a positive impact. These remarkable results are confounded by rising numbers of new cases of breast cancer each year.  Unfortunately, today’s reality is that breast cancer is the most diagnosed cancer in Australia, causing over 8 deaths every day.

In the interest of monitoring further progress, NBCF utilises a leading international research outcome and impact tracking tool to monitor the short, medium and long-term outcomes of research, to demonstrate the quality of NBCF’s research portfolio.