# Ireland Funds income down by nearly $6 million last year

- Link: https://fundraising.co.uk/2017/11/27/ireland-funds-income-nearly-6-million-last-year/
- Published: 2017-11-27T23:06:46+00:00
- Author: Howard Lake

**The Ireland Funds raised over $25 million last year for charitable causes in Ireland
and Irish causes worldwide, down from $31 million in 2015, according to the charity’s
accounts.**

 

Contributions from individuals directly to the Funds and through donor advised funds
was down from $18.6 million to just under $10 million. Net income from fundraising
events was €7.8 million, a drop of over $1 million from the year before. The gross
income from events in 2016 was $11.5 million.

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The fundraising events are mainly high profile gala balls in cities such as New 
York and Washington DC where prominent figures from the Irish government and Irish
American society usually attend.

 

Total grants and ‘programmes services’ in 2016 came to $15.8 million, a fall of 
nearly $10 million on the year before. The Ireland Funds gave out 800 grants last
year to 336 projects, mainly through its Small Grant Round for projects under €7000
and its Flagship Grant programme which provides multi-year funding up to €50,000.

 

The Funds spent $1.8 million on administration last year and $1.7 million on fundraising,
up nearly 10% on the year before. Net assets stood at $14 million.

 

[The Ireland Funds](http://www.irelandfunds.org) is chaired by Irish American hotelier
John Fitzpatrick. Two years ago the Funds closed its ‘Promising Ireland’ campaign
which raised $226 million.

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