# NI Community Foundation increases grants by £1 million

- Link: https://fundraising.co.uk/2014/09/05/ni-community-foundation-increases-grants-1-million/
- Published: 2014-09-05T07:10:31+01:00
- Author: Howard Lake

The Community Foundation for Northern Ireland’s grant giving was up over £1 million
in 2013, according to its latest annual accounts.

Grant income was £4.6 million last year compared to £3.6 million the year before.
The increase in grants was despite a significant drop in voluntary income which 
fell to £133,000 from £337,000.

Most of the Foundation’s grant income comes from various funds it administers on
behalf of such organisations as the EU Peace Programme and Atlantic Philanthropies.‘
Funds received’ increased from £4.6 million to £7.1 million which included additional
funding from the EU, Atlantic Philanthropies and nearly £790,000 from the Community
Relations Council for ‘interim funding.’

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The Foundation administers grants for a number of private sector companies in the
banking and energy sectors. Other grants are also distributed on behalf of Comic
Relief and the lottery funded Building Change Trust.

The Foundation’s own funds provide grants to community organisations throughout 
Northern Ireland, ranging from several hundred pounds to £10,000.

The accounts also record an ‘exceptional item’ of £4.6 million which the Foundation
transferred from its endowment to cover a pension liability. As a result, the Foundation’s
capital endowment declined from £14.4 million to £9.8 million.

The [Community Foundation for Northern Ireland](http://www.communityfoundationni.org)
has 44 staff, including three working on fundraising.

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