# Community Foundation for Ireland’s grants and endowment show growth

- Link: https://fundraising.co.uk/2013/09/11/community-foundation-ireland039s-grants-and-endowment-show-growth/
- Published: 2013-09-11T09:00:02+01:00
- Author: Howard Lake

The Community Foundation for Ireland increased its grant giving between 2011 and
2012, from €1.7 million to €2.4 million, according to its latest annual report.

The Foundation also increased the value of its endowment, from €26.8 million to 
€28.7 million in 2012. The endowment increase was due to both new donors and capital
growth.

A number of new funds started in 2012, including family funds. The Foundation also
reported a ‘surge’ in activity amongst existing and new donors towards the end of
year which it said may have been linked to the changes in the tax regime governing
charitable donations in the 2012 budget.

The accounts show that private donations increased from €1.1 million to €1.3 million
while donations to the endowment fund more than doubled to over €1.1 million.

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As well as individual donor advised funds, the [Community Foundation for Ireland](http://www.foundation.ie)
administers a number of company giving schemes. Examples include the SAP Fund which
provided grants ranging from a few hundred euro to €50,000 for the Specialist People
Foundation.

Fundraising costs for the Foundation were roughly similar for both years at around
€200,000.

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