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Fund paves the way forward for Cancer Council Tasmania

THE Cancer Council of Tasmania has launched its new Future Fund, with the aim to raise $10 million in 10 years

Cancer Council of Tasmania chief executive officer Penny Egan said the COVID-19 pandemic had severely impacted the organisation.

“Cancer doesn’t retreat,” she said.

“Every day, more than nine Tasmanians receive a cancer diagnosis – add to the 31,000 Tasmanians currently living with a cancer diagnosis.

“National research indicates that this figure is going to increase by 70 per cent to over 15 people per day by 2040, meaning one in 18 of us will be living with a personal history of cancer.

“On current population growth, this will mean potentially over 40,000 Tasmanians will be living with a cancer diagnosis.”

Ms Egan said the Future Fund was a new initiative that was a vehicle to take away some of the risk of the reliance on current fundraising and donor activities.

“The aim of the Fund is to support the capacity of Cancer Council by providing financial security,” she said.

“Our aim is to secure substantial earning from the Fund that will be reinvested back into the operations of the business to ensure we can continue to deliver its programs, services and investment into research.”

Benefits of the Fund could be delivered by investment into new programs and services, extended breadth and reach of services and programs, investment into research, and infrastructure in the form of support centres and accommodation.

Future Fund chair Royce Fairborther said the Fund was going to make a big difference to those who need it most.

“It’s a proactive solution to a challenging problem and a way to provide people with an opportunity to donate to something that is going to continue to go on giving for the long term.”

Peter Ennever and his family are one of the beneficiaries of the fund, with Mr Ennever’s son James being diagnosed with a cancerous brain tumour in December last year.

“It was good to be able to chat to the Cancer Council and put it into perspective, as there was a lot unknown that you’re just not aware of,” Mr Ennever said.

“It affected everybody in the family slightly different and that’s the benefit of having somewhere we could call through.”

Mr Ennever said his daughter Lizzie was also diagnosed with cancer, but was well supported by Canteen.

“There are a number of things that the medical and hospital system can’t provide, and James fell into a gap because he was just outside the Canteen age window,” he said.

“We chatted about it for a long time, that it would be of great benefit if those things that were available to young people, were available to adults, and the Cancer Council provides this.”

Caption: From left, Cancer Council of Tasmania chief executive officer Penny Egan and Peter Ennever.