Trinity College Dublin launches new €600m strategy
Howard Lake | 22 October 2014 | News
Trinity College Dublin has launched a new €600 million five year strategic plan which includes a significant fundraising element.
The plan comprises three new major capital projects — Trinity Business School, E3 – Engineering, Energy and Environment Institute, and the Cancer Institute at St James’s Hospital. There are also plans to increase student enrolments, increase student online learners and create an arts catalyst in Dublin city.
Trinity College Dublin (TCD) says the new strategy will be funded in large part from ‘non-exchequer funding’. Of the €295 million capital investment, €70 million will be spent on the Trinity Business School, €150 million on E3 – Engineering, Energy and Environment Institute and €75 million on the Cancer Institute.
The strategy does not provide a specific fundraising target but says it will need to secure €20 million from business for its research target alone.
In the year ending September 2012 TCD’s Foundation income increased from €15 million in 2011 to €22.5 million. The most notable areas of growth were in charitable trust support which increased to over €12 million, from just under €5 million in 2011, while legacy income went from under €400,000 to €3.4 million.
Photo: Marianone on Flickr.com
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.