Northern Ireland’s largest independent grant giving foundation donated nearly £1.1 million to charity last year, according to its latest annual report.
Ulster Garden Villages' (UGV) grant total for 2012 was down on the 2011 figure which was over £1.3 million. UGV helped 69 projects in 2012 with the Northern Ireland Hospice receiving £100,000, the first portion of a £500,000 towards the redevelopment of its hospice building.
Cancer charities featured strongly on UGV’s grant list with CLIC Sargent’s Homes from Home Appeal getting a one-off grant of £200,000 while Marie Curie Cancer Care received £30,000 as part of a three year £90,000 grant.
The MAC arts centre also received the final £100,000 of a £500,000 grant.
Many grants provided by UGV were in the range of £10,000 to £25,000 with a broad list of charities in the social welfare, youth and cultural fields getting grants. Most grants were for in excess of £2,000.
UGV lists disabled people, health, community, scientific and medial research, culture and heritage and education and training as its main grant-giving objectives. Up to 2015 the organisation has existing commitments of nearly £3.4 million.
Last year UGV acquired a large number of city centre apartments for investment purposes and the annual reports states that they are all rented. Total UGV income was nearly £2.2 million in 2012 with net assets over £44 million.
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