‚€100 million donated to Irish university
Irish American Chuck Feeney has donated ‚€100 million to the University of Limerick over the last 20 years, the chief executive of his foundation, John Healy, has confirmed. Atlantic Philanthropies is thought to have donated more than ‚€500 million to Irish universities in the past decade.
Figures compiled four years ago show Atlantic donated ‚€204 million to academic projects and ‚€202 to capital projects at universities in the Republic as well as ‚€86 million to other third level projects. Significant additional sums were donated to universities in Northern Ireland.
Mr Healy said philanthropic organisations are the subjects of exaggerated respect but he said they can’t do business without good organisations to give money to. He was speaking at the opening of a new ‚€15 million Living Pedestrian Bridge linking the University of Limerick with its Clare campus.
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Since 2003, Atlantic has changed its focus in Ireland to programmes for disadvantaged young people, the elderly and human rights.