Corpus

Neurosurgical Research Foundation - Corpus

The Neurosurgical Research Foundation was established in 1963. The Council of the NRF has raised and granted over $4.3million to neurosurgical research.

In addition the NRF has been fortunate to receive a further $1.2 million in donations and bequests which has been invested and retained for future research grants.

In 2007 the NRF Council formalised the sustainability of the NRF by setting aside an amount of $1.2 million as a “Corpus”. The investment earnings on this Corpus are used to assist with funding the administration expenses of the NRF.  The Council is currently in a position where over the last 6 years 100% of monies raised have been given to research. Our policy is that no more than 80% of any funds raised would be used for administration.

It is the NRF Council’s commitment that at present the full donation will be allocated to the research project or equipment and no newlyraised monies are used for administration.