# Community Foundation Ireland’s grant giving grows

- Link: https://fundraising.co.uk/2016/07/01/community-foundation-grant-giving-grows/
- Published: 2016-07-01T14:02:26+01:00
- Author: Howard Lake

**The Community Foundation Ireland increased its grant funding in 2014 to €3.8 million
from €3.5 million the previous year, according to its latest accounts.**

 

Of the 710 grants provided €617,000 came from the Foundation’s endowment, with the
balance from donations provided from individuals and companies.

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Grants administered on behalf of companies include the BT Ireland fund worth €25,000
annually, Ebay Foundation (€28,000), SAP Business Fund (€176,000), SAP CSR Emea 
Fund (€593,000) and Ulster Bank Community Fund (€176,394).

 

Family foundations include the LFG Family Fund (€215,000), Martin Family Fund (€
44,000), Tony Ryan Fund for Tipperary (€420,000) and Winifred Garvin Fund (€69,000).

 

Total funds, from which the Foundation’s endowment is derived, grew to €42 million
from €39 million the previous year. The [Community Foundation Ireland](http://www.foundation.ie)
revealed in its accounts that in future years it would make grants at 4% of the 
value of its endowment.

 

Fundraising and development costs increased to €291,000 from €208,000. Total operational
costs in 2014 were nearly €600,000.

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