# Irish billionaire increases donations by €2 million

- Link: https://fundraising.co.uk/2016/05/23/irish-billionaire-increases-donations-e2-million/
- Published: 2016-05-23T12:27:25+01:00
- Author: Howard Lake

**Businessman Denis O’Brien’s charitable foundation in Ireland increased its donations
last year by nearly €2 million, according to the charity’s latest accounts.**

The Iris O’Brien Foundation distributed €4.5 million in 2015, against €2.6 million
in 2014. Total donations to the Foundation, thought to be solely from Mr O’Brien,
were €4.4 million last year and [€2.7 million in 2014](https://fundraising.co.uk/2015/04/13/denis-obrien-gave-e2-7m-last-year/).

O’Brien established the [Iris O’Brien Foundation](http://www.solocheck.ie/Irish-Company/The-Iris-Obrien-Foundation-Limited-328929)
in 2000 to identify and assist projects in Ireland and internationally which aim
to alleviate disadvantaged communities. According to the most recent Sunday Times
Rich List, Mr O’Brien is worth £3.7 billion (€4.7 billion).

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Last year’s Foundation giving was split between domestic and overseas giving, with
each activity receiving €2.4 million and €2 million respectively. In 2014 Mr O’Brien
gave Philanthropy Ireland a gift of €250,000 which is listed as Bellane DOB in Philanthropy
Ireland’s accounts.

The accounts note that around €2 million is being expended to provide ongoing support
to a number of projects. Social Entrepreneurs Ireland has been supported by the 
Foundation since its inception.

The Foundation, which is based at Mr O’Brien’s Communicorp Group headquarters in
Dublin, spent €3,700 on management and administration in 2015.

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