- POSTED: 25 Jan 2014 16:54
The National Kidney Foundation (NKF) will need about $70 million for its current financial year, ending on 30 June 2014, to support 3,400 patients.
SINGAPORE: The National Kidney Foundation (NKF) will need about S$70 million for its current financial year, ending on 30 June 2014, to support 3,400 patients.
S$61 million will be spent on dialysis and prevention services while S$9 million is for administrative overhead costs.
The NKF estimates it will receive S$24 million in donations this financial year.
"From our recurring funding to the government grants… we are more than able to cover the S$9 million,” said Edmund Kwok, CEO of NKF.
“So what that means is every dollar that people donate will go directly into patient care and I think that's something we want to share with everyone, because it means the patients -- and we have very needy patients -- truly benefit when people donate for their care."
The NKF announced how it is channelling donations at its "Walk for Your Kidneys" event -- NKF's first public event of the year.
More than 450 people helped collect 45 kilogrammes of litter while walking to signify what the kidneys do -- clean the body by flushing out toxins.
With four new cases of kidney failure in Singapore every day, NKF hopes to step up efforts to raise awareness of the importance of looking after one's own kidneys.
About 80 per cent of its patients are above 50 years old, and are likely to have other medical conditions. Therefore, the NKF says more funds are needed to refine treatment to better meet patients' evolving needs.
Five years ago, NKF spent S$50 million to benefit 2,574 patients in the financial year which ended on 30 June 2009.