Community Foundation shows power of Philanthropy with record grant-making: Annual Report published
Power of Philanthropy highlighted in another record-breaking year
Community Foundation for Ireland reports grant-making of €18M Plus
Statement by The Community Foundation for Ireland
The potential of philanthropy to empower communities has been highlighted in the Annual Report of The Community Foundation for Ireland which shows another record year of grant-making with €18.7 Million provided to voluntary, community and charitable groups.
The total is €3 Million greater than combined grant-making the previous year and represents a new record for The Community Foundation.
The Foundation is a partner of more than 5,000 organisations across the country.
Highlights of the year include:
- The formation of 30 new civil society cross border partners under a new All-Island Fund
- Support from anonymous donors for the first ever national survey on the issue of Consent by The Dublin Rape Crisis Centre
- A Cork Arts Fund established by an anonymous donor which has led to 10 new productions, artists in residence opportunities as well as public exhibitions by new artists
- Local Biodiversity Action Plans in 45 local communities which have seen local people, landowners and a panel of experts working together to protect local wildlife
- Poverty Income Inequality and Living Standards research by the ESRI which shows the threat of inter-generational poverty
- Grant making from the RTÉ Toy Show Appeal which is now benefitting young lives in every county
A new Strategic Plan developed during the year also commits The Foundation to drive impactful social change by linking the experience, evidence, and expertise from frontline partners with changemakers who want to make a difference.
Noting the report comes as work continues by Government on a new National Policy on Philanthropy, Denise Charlton, Chief Executive of The Community Foundation for Ireland said:
“With the level of donations and grant-making now running three times pre-pandemic levels our partners and donors are continuing to show the positive impact philanthropy can have. Much of what we do is ground-breaking, it is new and our donors give us the ability to be brave and back new services, projects and initiatives which otherwise may not be funded.
Our Annual Report and our Strategic Plan are timely as we work in partnership with Government to develop the new National Policy. We believe if the right steps are taken to promote initiatives like local Placed Based Giving and Legacies that the full potential offered of this type of giving can finally be realised.”
Mike Gaffney, Chair of The Community Foundation added:
“The Covid-19 Pandemic and its impact were ever-present in communities across the country during 2021 and for a second year The Community Foundation for Ireland, its donors and charitable partners responded.
The huge response not just to the virus but also to the other challenges facing our communities made it another record-breaking year with grant-making exceeding €18.7 million.
Income in 2021 totalled €20.068m made up of donations of €18.959m and investment income of €1.109M. While the Pandemic was the unwelcome backdrop to the year, it was not the only challenge facing communities. Brexit, increasing poverty levels, spikes in domestic violence as well as the biggest threat of all, climate change, were all causing deep concern.
On each of these and many other challenges our donors responded generously and strategically. The Annual Report details a robust response to support communities during a period of great need.”