What is a foundation trust?
We became a foundation trust on 1 October 2007.
Foundation trusts are:
- Part of the NHS, but unlike ordinary NHS organisations, have thousands of members, recruited from service users, carers, members of staff, partner organisations and interested people in the local community.
- Are at the heart of a patient-led NHS, but are not directed in the same way by central government. Instead our managers and staff work with local people to plan and deliver services rather than give you what we think is best.
- Are subject to the NHS standards, performance ratings and systems of inspection.
In essence the benefits of being a foundation trust include:
- Local involvement – members and governors have a greater say in how our services are managed and improved, and ensure that everyone regardless of background or circumstances have access to services.
- Local employment - by having foundation trust status it helps us attract, train and keep high quality staff in Lincolnshire.
- Local partnerships – our council of governors includes representatives from other key organisations in the local area including: other Lincolnshire NHS organisations, Lincolnshire County Council, district councils, the police and University of Lincoln. By having representatives from these organisations we are able to create stronger working relationships.
- Local financial controls – NHS foundation trusts are subject to less financial controls from central government. This means that any money not spent by the end of the financial year can be carried forward and extra money invested into local services and future service developments.
For more information about foundation trusts, click here to view our FAQ section.