NI Community Foundation increases grants by £1 million

first_imgNI Community Foundation increases grants by £1 million About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 5 September 2014 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Finance Funding Northern Ireland The Community Foundation for Northern Ireland’s grant giving was up over £1 million in 2013, according to its latest annual accounts.Grant income was £4.6 million last year compared to £3.6 million the year before. The increase in grants was despite a significant drop in voluntary income which fell to £133,000 from £337,000.Most of the Foundation’s grant income comes from various funds it administers on behalf of such organisations as the EU Peace Programme and Atlantic Philanthropies. ‘Funds received’ increased from £4.6 million to £7.1 million which included additional funding from the EU, Atlantic Philanthropies and nearly £790,000 from the Community Relations Council for ‘interim funding.’The Foundation administers grants for a number of private sector companies in the banking and energy sectors. Other grants are also distributed on behalf of Comic Relief and the lottery funded Building Change Trust.The Foundation’s own funds provide grants to community organisations throughout Northern Ireland, ranging from several hundred pounds to £10,000.The accounts also record an ‘exceptional item’ of £4.6 million which the Foundation transferred from its endowment to cover a pension liability. As a result, the Foundation’s capital endowment declined from £14.4 million to £9.8 million.The Community Foundation for Northern Ireland has 44 staff, including three working on fundraising.  24 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more