Major challenges as Ireland Funds gather in Ireland for annual conference
200 Business leaders from U.S. will be among those attending
Ireland Funds CEO Kieran McLoughlin has significantly lowered the age profile of key figures in the Fund and has also begun to focus on bigger projects where the Fund can make a deep difference.
The future has been very much on the mind of McLoughlin who has now built up a powerful base of future donors through the Young Leaders organization.
150 young leaders between the ages of 25 -40 gathered for their own summit earlier this year in New York and the fund is constantly seeking out the new generation of entrepreneurs who can make a difference.
The Celtic crash however also damaged their base support as many of the wealthiest Irish, mindful of the example of Irish Americans who gave generously, had begun to contribute themselves.
That and the depressed state of the American economy where the vast majority of funding is secured from, has made for some difficult years for the Fund seeking to maintain its key position as the major overseas Irish fundraising organization.
More and more it finds itself operating as a hard-nosed business. Philanthropy in America is a cutthroat business where the available donor pool is pursued with the efficiency of sharks circling bait.
To get to the next levels the Ireland Fund has to leave behind the hail-fellow Irish stereotype and sell and create their product like everyone else at the top of the game.
The Fund was originally established in 1974 by Dan Rooney and Tony O’Reilly and the joke was the second dinner was held to pay for the first one.
That happy go lucky era has now passed with a vengeance and the leaner and meaner era has meant that the Ireland Fund too has had to adjust.
It appears to be doing so brilliantly, but there are numerous challenges ahead. The stakes are high as Taoiseach Kenny and President Higgins know.
There are literally hundreds of Irish non-profit and charitable organizations that depend on philanthropic funds to stay afloat. With the imminent passing of Atlantic and One that leaves the Worldwide Ireland Funds as the only guarantors.
That is a huge responsibility but one the organization seems eager to undertake.
- Gay wedding cakes latest target of anti-gay...
- The New York Times questions Ireland’s highly-p
- Racist incidents in Ireland up by 85 percent...
- An open letter in strong defence of capitalism.
- Offensive NFL sign outside restaurant just...
- A Magdalene Laundry US adoptee who holds...
- No Irish prosecution for man named as world’s...
- Irish radio presenter suspended after anti-Isra
- Nelson Mandela was against IRA decommissioning.
- Baby dies in horror birth at Belfast hospital...
First of all, middle of all, and last of all, why would you believe anything that the NYT says?Spanish judge slams Ryanair’s sexist air hostess calendar
I didn't see anything different that what you would see on ordinary beaches around the world. Besides the money taken in goes to charities so that isBah! Humbug! The ten worst things about Christmas (PHOTOS)
pronounced HESUS there were many born in December none were anything exceptional--all this rubbish stuff where are your brains guys & gals ?????Racist incidents in Ireland up by 85 percent says Immigrant Council
Barry- I am a born and bred New Yorker. I was raised in one of its meanest City Projects, educated in its ghetto schools. Skin color has no meaning to