Month: August 2016

Sports organisations in the Benefacts Database of Irish Nonprofits

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Besides the Olympic Council of Ireland (OCI), there are more than 3,000 sports organisations listed today in the Benefacts Database of Irish Nonprofits. All enjoy the benefit of tax relief from Revenue, but only a handful are registered as charities by the Charities Regulator – this is because Section 2 the Charities Act 2009 specifically excludes sport from the definition of a charity in Irish law.

The OCI makes public disclosures as a company limited by guarantee, and these documents are re-published and analysed on their Benefacts listing. This indicates that the company was incorporated 34 years ago, in 1981, and reported having four paid employees in 2014. In addition, the company’s audited financial statements for that year report the payment of a €60,000 “Honorarium” to the Chairman of the Board (called the President in the company’s constitution), Patrick Joseph Hickey.

Besides the OCI’s President, who took office in 1982, six Directors have served for more than nine years including one who has served for 23 years, and three who have each served for 19 years on the Board, which is called the Executive Committee in the company’s constitution – download it here.

The Benefacts listing for OCI indicates that the company’s income in 2014 – of which 32% came from the Irish Sports Council – grew by 62% over the previous year, and its expenses by 25%. Net assets at €2m remained almost the same.

Besides paying for its own staff and overhead costs, the OCI distributed grants totalling €206,400 to “Olympic Solidarity Courses/Team Support” and to 12 affiliated sporting organisations – all listed in the Benefacts database of Irish Nonprofits: Rowing Ireland, Gymnastics Ireland, Swim Ireland, Snowsports Association of Ireland, Weightlifting Ireland, Basketball Ireland, National Target Shooting Association, Irish Ice Hockey Association, Irish Fencing Federation, Irish Amateur Boxing Association, Cycling Ireland, and Archery Ireland.

Join the Benefacts Stakeholders Forum

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Benefacts Stakeholders Forum

Since the start of the Benefacts project, we have had the benefit of regular feedback from stakeholders in the nonprofit sector, in government and from our funders and other interested parties.

Read more about the Benefacts Stakeholders Forum here. The Forum includes least eight and no more than twelve members, serving in a personal capacity. It meets about six times a year and is intended to be broadly representative of the kinds of nonprofits that are included in the Benefacts Database of Irish Nonprofits – read more about that here.

Since it was established in April 2015, the meetings of the Forum have been concerned with helping us to apply a classification framework, to develop an approach to presenting data in more accessible ways, and to engage with the sector more generally, especially about issues that might be a cause of concern.

The Chairman and members of the Forum serve on a voluntary basis for a term of twelve months, renewable for one term. Some members of the original Forum have said they want to serve for a second term, and others want to move on.

If you’re interested to put your name forward for membership of the Forum, or to get more information about its work, write to companysecretary@benefacts.ie before noon on Friday 2nd September. We will respond to all correspondence received; the Board will seek to fill vacancies so as to involve a broadly-based group of individuals with an interest in our work.