Community Foundation to increase its giving significantly
Howard Lake | 14 August 2007 | News
The Community Foundation for Ireland’s most successful fundraising year to date means that it will be able to significantly increase its grant giving from this year on, the Foundation has announced. Over ‚€13.5 million was donated by individuals and organisations to the Foundation’s grant programmes.
The Community Foundation for Ireland (CFI) was established in 2000 with support from the Government and business sector to encourage individual and corporate philanthropic support for the community and voluntary sector. Since it was established in 2000, the Foundation has given grants to over 700 community and voluntary organisations.
The Foundation has just announced that in its first round of funding in 2007 it has awarded grants of ‚€132,956 to 204 Irish community group projects in 26 counties. CFI has grown with the support of individuals, families, businesses, religious and other institutions through enabling them engage in effective philanthropic activity by getting funds to the most deserving and effective local grassroots causes.
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CFI said that surveys show that there are now thousands of millionaires in Ireland, and over 5,000 people with assets of ‚€25 million plus and a significant number with assets over ‚€100 million. We want more of these successful people to think strategically about their wealth, to understand that they can make a really positive impact on their communities with that wealth, Tina Roche, CFI’s chief executive said.
Meanwhile, CFI will host the inaugural Philanthropist of the Year Awards in November 2007. These awards will honour those with a proven record of exceptional generosity relative to their means who, through their engagement and direct financial support, demonstrate outstanding civic and charitable responsibility.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.