JP McManus opens charitable fund for applications
The JP McManus Benevolent Fund is now open on ‘a temporary basis’ for applications from organisations based in the mid-West of Ireland.
The Fund, which is valued at €40 million, is a general grantmaker providing funding for a wide range of projects under education, healthcare, community and infrastructure. Examples of work it funds include schools, music projects, mental health projects, disability organisations and community development.
The Fund provides little guidance on what they will fund under the general categories but state that they want to ‘contribute much needed funding to programmes that provide vital services to the community and people that make it come to life.’ To date the Fund says it has helped over 70 community programmes.
The Fund is supported by the eponymous Swiss-based JP McManus who is famous in horse racing circles but appears to have made most of his money from betting on currency exchange.
In 2013 Mr McManus donated €1 million to the Daughters of Charity towards its centre for people with intellectual disability. Mr McManus is most famous in charitable circles for his golf events which have raised around €100 million for charity.
According to the last Irish rich list Mr McManus is worth $1 billion.
Application is by way of submission through the JP McManus Benevolent Fund’s website.
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