Big fall in do­na­tions at Mary Robin­son Foun­da­tion

The Irish Times - Business - - NEWS - PETER HAMIL­TON

In­come at the Mary Robin­son Foun­da­tion fell by more than 58 per cent in 2016 to €396,223 fol­low­ing a sig­nif­i­cant drop off in do­na­tions.

Large donors in­clud­ing the Rock­e­feller Foun­da­tion, the Sch­midt Fam­ily and Hu­man­ity United con­trib­uted heav­ily to the char­ity in 2015 but did not do­nate at all the fol­low­ing year.

The most sub­stan­tial do­na­tions to the or­gan­i­sa­tion in 2016 in­cluded a €190,615 con­tri­bu­tion from the Packard Foun­da­tion and a €150,000 grant from Ir­ish Aid.

Mean­while, to­tal ex­pen­di­ture at the char­ity also dropped, al­beit less sig­nif­i­cantly. The 14.4 per cent dip in ex­pen­di­ture came af­ter pay­roll costs fell by just un­der €35,000 with a raft of other smaller costs such as travel and sub­sis­tence re­duc­ing.

Ac­counts re­cently filed with the com­pa­nies of­fice for the 12-month pe­riod to the end of last year show that the foun­da­tion em­ployed six peo­ple full-time in the year.

Salaries for the em­ploy­ees ranged from €70,000 to €80,000.

By the end of the year the char­ity had some €1.2 mil­lion at the bank and in hand, a drop from the pre­vi­ous year of al­most 17 per cent.

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.