Finance

The Cancer Society of Finland’s established finances are rooted in income from fundraising and investments. Grants also play an important part in financing our activities.

We organise our work efficiently to keep costs down and so that resources can be allocated as appropriately as possible.

Cancer Society of Finland

In addition to general funding, the CSF receives targeted funding from the Finnish Slot Machine Association for health promotion, counselling on cancer and family history, and orientation courses. In addition, the Cancer Foundation supports the CSF’s cancer work and national advice service. Cancer work refers to activities benefitting cancer patients and their loved ones, cancer prevention and increasing awareness about cancer risk factors and how our own choices can reduce the risk of cancer.

The Finnish Cancer Society maintains the Finnish Cancer Registry and the Mass-screening Registry, which operates as part of it.

The National Institute for Health and Welfare has an open-ended agreement with the CSF for the technical upkeep of the Finnish Cancer Registry, and finances its activities from government subsidies. Apart from scientific research, it also funds ad hoc research agreements and grants. The Cancer Foundation also provides funding for the Cancer Registry and Mass-screening Registry.

Cancer Foundation

The Cancer Foundation provides about €5,5 million for cancer research each year. Most of the scientific funding is disbursed in the form of research grants. The Foundation also funds the Finnish Cancer Registry and the research work of the Mass-screening Registry, of which it is a part, the research activities of the Foundation for the Finnish Cancer Institute and the cancer research fund of the Nordic Cancer Union.

The Cancer Foundation funds the CSF’s national advice service and cancer work to the tune of about a million euros a year.

Since 2012, the CSF’s nationwide fundraising has centred on the Cancer Foundation. The Foundation’s fundraising revenue comes from individual donations, work with businesses and merchandise sales. The majority of donations are bequests. The Pink Ribbon campaign organised each October is the Cancer Foundation’s largest fundraising event. The costs of fundraising and administration take up about 20 per cent of fundraising revenue.

About a third of the Cancer Foundation’s revenue comprises investment portfolio returns. The investment portfolios are handled according to an investment plan endorsed by the Foundation’s board.

The William Thuring Foundation also provides the CSF with a sizeable endowment each year.