Charities Institute Ireland welcomes government Stability Fund for the sector

Charities Institute Ireland welcomes government Stability Fund for the sector 

Charities Institute Ireland has welcomed the announcement by the government today of a €35m Stability Fund to support the sector’s continued viability.  

The impact of the COVID-19 pandemic on the sector’s ability to fundraise has been devastating with many cancelling their annual fundraising events and having to close their retail stores. Charities Institute Ireland has been in contact with Government to highlight how this has threatened the very existence of many organisations and, for many, brings the ability to maintain existing supports and services into question. 

Speaking today Liz Hughes CEO commented “We welcome today’s decision by Government, many organisations have been devastated by the impact of Covid-19 and it is important that this funding is now allocated to the most affected charities and voluntary groups as a matter of urgency. We welcome the indication that applications will be accepted from 11 May.” 

“We look forward to continued engagement with Government as the full impact of COVID-19 becomes clear and we collectively assess the need for further stability measures and supports for the sector.”   

‘While we understand the Government’s decision to cap the payment to any one organisation at €100,000, we are concerned that for some charities who rely on significant fundraising efforts, this amount will not address their challenges” 

Cii would like to thank our coalition partners who collaborated on this sector wide submission. We would also like to thank the Department of Rural and Community Development for their ongoing support. 

Full details of the fund here.

Pobal have provided further clarification on eligibility and FAQs here.