Great Fundraising Organizations, by Alan Clayton. Book cover.

Irish community foundation grants and endowment increase

Howard Lake | 30 June 2015 | News

The Community Foundation for Ireland significantly increased its grant making between 2012 and 2013 while also boosting its endowment by over €5.5 million, according to the Foundation’s latest accounts.
For the year up to 2013 grant making increased from €2.4 million to €3.5 million. Around €1 million of the total figure came from the Foundation’s endowment with the balance distributed through around 50 donor advised funds.
The endowment stood at €34.5 million in 2013, up from €29 million in 2012. However, grants from the endowment fund fell slightly in 2013.
The single biggest contributor to the Foundation in 2013 was the Atlantic Philanthropies which made a donation of €2 million to fund an older person’s grant fund.
The biggest categories of recipient from the Foundation’s endowment were youth, family and community which received grants of around €200,000 each. Mental health and ethnic minorities received around €100,000 each.
The biggest theme in the donor advised category was education which received nearly €1 million. Developing countries were awarded grants of nearly €500,000 while employment and older people received around €200,000 each.
Fundraising costs for the Community Foundation for Ireland were around €300,000, a similar figure to the year before.
 

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