Irish legacy income shows big increase
Howard Lake | 14 December 2006 | News
A sample from leading Irish charities shows that legacy income has grown by 118% between 1999 and 2004. The sample was part of a legacy study undertaken by the Public Communications Institute’s David Duggan.
In 1999 legacy income for the sample charities was ‚€5.4 million and had grown to ‚€11.7 million by 2004. In the last year the increase has been more modest at 6.7 percent.
The St Vincent de Paul Society is the star preformer in legacy income raising ‚€24.7 million over the last five years, including ‚€5.5 million in 2004. Trocaire comes in at second on the list with a total of ‚€8.7 million between 1999 and 2004.
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The community/anti-poverty and international/human rights groups of organisations share the bulk of legacy income.
One of the main insights of the ‘Legacy Snapshot’ according to PCI is to confirm that legacy funding for Irish charities seems to be substantially less when compared to their UK peers.
The full report will be available on the PCC website on 18th December.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.