# Fund managers aim to raise €1 million in Ireland - Link: https://fundraising.co.uk/2017/11/25/fund-managers-aim-raise-e1-million-ireland/ - Published: 2017-11-25T09:41:01+00:00 - Author: Howard Lake **A fundraising initiative by the Irish fund industry hopes to reach the €1 million target next year.**   Basis.point is the fundraising and fund distribution arm of the Irish Funds Industry Association which was set up in 2013 to support educational programmes in Ireland. The Association includes many of the leading investment funds based in Ireland. ## Advertisement [⌊Posthub advert. You create the campaign. We'll handle the postal journey. Get started at post-hub.co.uk.⌉](https://fundraising.co.uk/ads/posthub-20261007-300x250/)   [Basis.point](http://www.basispoint.ie) says its vision is to make a sustainable and tangible difference to those living in poverty, particularly young people, by supporting charities that focus on education. The organisation raises money through events such as golf classics, social events and donations from individuals.   The charity’s efforts so far have built up an annualised donation ‘run rate’ in excess of **€250,000** which it aims to increase to €300,000 by the end of this year.   > A fantastic example of the impact of collective giving and leadership on corporate > giving [#philanthropy](https://twitter.com/hashtag/philanthropy?src=hash&ref_src=twsrc%5Etfw) > for [#impact](https://twitter.com/hashtag/impact?src=hash&ref_src=twsrc%5Etfw)…. > [https://t.co/cYuIqTwSHy](https://t.co/cYuIqTwSHy) > — Philanthropy Ireland (@PhilanthropyIE) [November 13, 2017](https://twitter.com/PhilanthropyIE/status/930025417649598466?ref_src=twsrc%5Etfw)       Basis.point is supported by a very large voluntary effort from individuals and companies from all sectors of the investment fund industry supporting the board of directors, six committees and a steering group.   To date commitments totalling **over €710,000** have been made to five charities. The charity programmes supported are – Archways for a mentoring project for children, ELI for pre-school education in Dublin and Limerick, Suas numeracy for disadvantaged communities in Dublin, Foroige project to teach entrepreneurship in Cork and a Business in the Community project to improve school retention rates.   According to the website of the Association, investment funds number nearly 7000 in Ireland with over €2 trillion in assets.   > [@basispointIRE](https://twitter.com/basispointIRE?ref_src=twsrc%5Etfw) thank > you for helping make our work even more possible 🙏[https://t.co/MmMJ28CWej](https://t.co/MmMJ28CWej) > — Suas (@SuasEdDev) [November 13, 2017](https://twitter.com/SuasEdDev/status/930114806186639360?ref_src=twsrc%5Etfw) * **[New fund to help Irish disadvantaged children opens](https://fundraising.co.uk/2018/04/25/new-fund-help-irish-disadvantaged-children-opens/)**( 25 April 2018) * **[Irish voluntary sector 2018 report published](https://fundraising.co.uk/2018/04/27/irish-voluntary-sector-2018-report-published/)**( 27 April 2018) * **[Irish government announces €190 million funding programme for deprived communities](https://fundraising.co.uk/2018/05/22/irish-government-announces-e190-million-funding-programme-for-deprived-communities/)**( 22 May 2018) ![Loading](https://fundraising.co.uk/wp-content/plugins/page-views-count/ajax-loader- 2x.gif)