The Malta Community Chest Fund Foundation distributed nearly €15.2 million in aid last year, an increase of over €3 million when compared to the €11.85m in aid provided in 2018.
The foundation’s annual report was presented during the first annual general meeting under the Presidency of George Vella, held at San Anton Palace. The increase in aid is primarily due to an increase of almost €4.4 million in aid to patients receiving treatment abroad and to their relatives, specialised medicine and specialised equipment.
But while it increased the distribution of aid and reduced its administrative costs by nearly €80,000, the MCCFF experienced a decrease in the donations it received last year, from just over €7 million in 2018 to just under €6.5 million in 2019. At the same time, the cost related to fundraising activities was decreased by almost €90,000.
At the meeting, President Vella said that he regarded the MCCFF as a charitable institution that needed better control over who qualified for certain benefits. This, he said, was being done through stricter means of verification, as was the case for government benefits.
MCCFF board of administrators chairperson Marlene Mizzi similarly emphasised the importance that the foundation attached to good governance when carrying out its mission. She said that it based its work on 3 main principles: transparency, accountability and justice.