# Irish community foundation grants and endowment increase

- Link: https://fundraising.co.uk/2015/06/30/irish-community-foundation-grants-and-endowment-increase/
- Published: 2015-06-30T17:05:31+01:00
- Author: Howard Lake

**The Community Foundation for Ireland significantly increased its grant making 
between 2012 and 2013 while also boosting its endowment by over €5.5 million, according
to the Foundation’s latest accounts.**

For the year up to 2013 grant making increased from €2.4 million to €3.5 million.
Around €1 million of the total figure came from the Foundation’s endowment with 
the balance distributed through around 50 donor advised funds.

The endowment stood at €34.5 million in 2013, up from €29 million in 2012. However,
grants from the endowment fund fell slightly in 2013.

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The single biggest contributor to the Foundation in 2013 was the Atlantic Philanthropies
which made a donation of €2 million to fund an older person’s grant fund.

The biggest categories of recipient from the Foundation’s endowment were youth, 
family and community which received grants of around €200,000 each. Mental health
and ethnic minorities received around €100,000 each.

The biggest theme in the donor advised category was education which received nearly
€1 million. Developing countries were awarded grants of nearly €500,000 while employment
and older people received around €200,000 each.

Fundraising costs for the [Community Foundation for Ireland](http://www.foundation.ie)
were around €300,000, a similar figure to the year before.

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