‘…..philanthropic funding  provides much needed supports across the spectrum of the Government’s priorities.’

Minister of State Ann Phelan T.D., addressing PI Members on 2nd July 2015

 

At a recent meeting of the Members of Philanthropy Ireland, Minster of State Ann Phelan, T.D. said there is real opportunity to increase the level of private investment for public good in Ireland.

But, to attract greater funding from philanthropy and corporate investment she said it is critical that there is an appropriate infrastructure to facilitate the philanthropy and investment, with efficient tax and legal frameworks that encourage giving, proactive and engaged intermediaries and wealth advisors and appropriate regulation of the non-profit sector that promotes effectiveness, accountability and transparency.

Minister Phelan said the vision for the role of philanthropy and giving is no different from that of three years ago when the Report on Philanthropy and Fundraising was published. She said it remains the ambition that the role and legitimacy of the contribution of philanthropy and strategic charitable fundraising to Irish society will be properly understood, developed and valued.

Highlighting the need for partnership approach, Minister Phelan stressed that philanthropic funding for initiatives is not intended nor should be seen as a substitute for Government investment, but rather as a means to supplement it. The work of philanthropic organisations offers a set of values on which to build a more cohesive society. Through philanthropic funding and other activities, much needed supports are provided across the spectrum of the Government’s priorities.

In her concluding remarks Minister Phelan thanked the members of Philanthropy Ireland for their work and wished them every success for the future, encouraging the continuance of their vital work. For our part, we welcome the input and commitment from Government to date and we look forward to continuing to work with them for the effective development of philanthropy to support good causes and needs in our society.