# Trinity Foundation posts big increase in income

- Link: https://fundraising.co.uk/2017/04/06/trinity-foundation-posts-big-increase-income/
- Published: 2017-04-06T08:03:17+01:00
- Author: Howard Lake

**Trinity Foundation, the fundraising arm of Trinity College Dublin, saw its income
jump from €53 million in 2015 to €73 million last year, according to its latest 
accounts.**

 

The accounts note that the fundraising figure for last year includes the ‘[largest charitable pledge in Irish history](https://fundraising.co.uk/2015/09/22/atlantic-philanthropies-to-make-big-parting-gifts-to-irish-universities/)’
from Atlantic Philanthropies which is recorded as €59 million. The funding is for
a joint dementia research project.

## Advertisement

 

Trinity fundraises for a number of projects and schools within the college and the
Business School had a particularly good year, with €1.5 million donation from Ryanair
noteworthy. The Business School also received two donations over €500,000.

 

Two pledges over €1 million were received for the Foundation as well as nine gifts
over €100,000.

 

The Foundation carried out a large direct marketing campaign last year and contacted
89,000 alumni by mail, phone and email. 2550 individual donations were pledged last
year while 645 volunteers helped with fundraising. In total the Foundation has 7000
donors.

 

Fundraising costs were slightly lower last year at €1.5 million, from €1.7 million
the year before. Total expenditure, including alumni and fundraising costs, however,
increased last year to €3.4 million.

 

The [Trinity Foundation](http://www.tcd.ie) is aiming to raise €400 million by 2021.

 

 

 

_Photo: [Trinity College Dublin](https://flic.kr/p/8x15pJ) by Marianone on Flickr.
com_

 * **[£2.7 million donation is University of Leicester’s largest ever individual gift](https://fundraising.co.uk/2017/05/08/2-7m-donation-university-leicesters-largest-ever-individual-gift/)**(
   8 May 2017)
 * **[Initiative launches to support community & university research collaborations](https://fundraising.co.uk/2018/01/17/initiative-launches-support-community-university-research-collaborations/)**(
   17 January 2018)
 * **[Neuro Foundation launches fun run to inspire student participation](https://fundraising.co.uk/2018/01/29/neuro-foundation-launches-fun-run-inspire-student-participation/)**(
   29 January 2018)

![Loading](https://fundraising.co.uk/wp-content/plugins/page-views-count/ajax-loader-
2x.gif)