About HSCGB
The Board’s Vision:
The Board’s vision is to provide excellence in its stewardship, investment and use of the funds it holds to benefit proclaimed public health entities (PHEs) and research bodies in their delivery of services, equipment and research in accordance with the Health Services Charitable Gifts Act 2011 (HSCG Act).
The Board’s Purpose:
The Board has existed in one form or another since the late 19th century and was established to hold charitable gifts and donations received by proclaimed public hospitals and research institutions.
Funds held are invested to earn a return for the hospitals and institutions concerned.
Funds are then applied for services, equipment, and research in line with the purpose for which the funds were originally donated or gifted.
Board’s Values:
The Board operates ethically in funding services, equipment, research and other acquisitions by the PHEs for which it holds funds.
It approaches this responsibility with a long-term perspective, reflecting the Board’s perpetual nature.
Key Directions:
The Board pursues best practice throughout its operations. It endeavours to act in a timely, principled and ethical manner to address funding requests put before it. It seeks accountability for the funds being spent and where appropriate, aims to provide funding to PHEs on a long-term, sustainable basis.
Governance:
The HSCG Act governs the Board and its operations. The Board reports annually to the Minister for Health and Wellbeing who tables the report before the SA Parliament. The Auditor General audits the Board’s activity and reports separately to the SA Parliament on the Board.
The Board has existed in one form or another since the late 19th century. More detail in relation to the Board’s history is available here . View History Page Here.
The Board consults with the South Australian Health and Medical Institute (SAHMRI) where warranted and in particular in relation to new applications for funds for clinical equipment and research. The Board does not hold any gifts or donations on behalf of SAHMRI.
Under the HSCG Act, the Board may act as a trustee or co-trustee in respect of a trust where the Board is named or otherwise asked to act as a trustee or co-trustee.
Under the HSCGB Act, the Minister for Health and Wellbeing nominates the members of the Board (known as Commissioners), who are appointed by the Governor. They are appointed for three- year terms with appointments staggered over a three-year cycle.
The Board is registered with the Australian Charities and Not-for-profits Commission (ACNC) and is endorsed as a Deductible Gift Recipient (DGR) by the Australian Taxation Office.
