As a finalist in the PWC Transparency Awards, The Fred Hollows Foundation has been recognised as one of the most transparent not-for-profits in Australia.
The Foundation's commitment to open and transparent reporting
, together with a clear organisational strategy,
gives our supporters confidence that a donation to The Fred Hollows Foundation is an effective way to help combat avoidable blindness and improve the health of Indigenous Australians.
Professor Fred Hollows was the kind of person that demanded the best from everybody, and as a finalist in these Awards we are delivering on our promise to carry on Fred's good work.
The PwC Transparency Awards
were introduced to Australia in 2007 by PwC Australia in collaboration with the Institute of Chartered Accountants in Australia, and the Centre for Social Impact as a way to recognise and encourage improvement in the quality and transparency of reporting in the not-for-profit sector.
As part of the Awards evaluation process, organisations' level of disclosure is assessed according to criteria including strategy, financial and operational performance, stakeholder reporting, governance, risk policies and sources of funding.
In 2011 The Foundation helped make possible a remarkable 282,714 cataract operations and other eye treatments. That’s almost 100,000 more than the year before.
Almost 50% of blindness is due to cataract - a clouding of the eye lens, which can be treated with surgery costing as little as $25 in some developing countries.
The Fred Hollows Foundation is pleased to be recognised as one of 10 finalists in the revenue greater than $30m category in the 2011 PwC Transparency Awards for the quality and transparency of our reporting.
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