Ireland's Consul General in New York, Ciaran Madden, and Chairman Emeritus of The Ireland Funds America, Loretta Brennan Glucksman, co-hosted a reception to honor former Ireland Funds' CEO Kieran McLoughlin and his wife Sarah in New York.
McLoughlin stepped down at the end of 2018 after 10 years at the helm. During his tenure $300 million was raised, half the Funds' total income since it was founded in 1976 by Tony O'Reilly and the late Ambassador Dan Rooney. McLoughlin oversaw a significant growth in the grants made by the Funds and it achieving the highest possible rating on Charity Navigator for its efficiency, governance and transparency.
Guests in Brennan Gluckman's home overlooking the East River included Irish Ambassador to the UN, Geraldine Byrne Nason, and representatives of leading Irish American organizations. Ireland Funds' directors from around the country were there along with the Chairmen of the Ireland Funds in Canada and in Ireland, Oliver Murray and Alan Foy. McLoughlin's successor as CEO, David Cronin, attended and received lots of good wishes from the guests
Loretta Brennan Glucksman spoke of the difference the McLoughlin's had made here and in Ireland. It was hard work but done with great camaraderie and goodwill. Ciaran Madden said that McLoughlin had been a great partner in generating interest in and access for Irish interests.
McLoughlin responded by saying that the Diapora was Ireland's "fifth province" which gave the country so much more clout and influence. Sarah McLoughlin spoke about the extraordinary generosity of Irish America and how that was transforming lives at home
McLoughlin is now CEO of VentureWave Capital which has launched an Impact Investing fund with the objective of doing well by doing good especially for Ireland. On a pro-bono basis he sits on the board of a number of key institutions including Glucksman Ireland House and the Smurfit Business School. So professionally and as a volunteer he will remain at the heart of Irish American affairs.