Benefacts nonprofit sector annual analysis 2017. (LtoR) Ian Brady, Head of Davy Charities and Not-for-Profit Group, Niamh Gallagher CEO Drinkaware and Diarmaid O'Corrbui, CEO Carmichael Centre
‘It’s a huge quantum of the sector that no one has been covering’
Ian Brady, Head of Davy Charities and Not-for-Profit Group, Davy Ireland, commented on how refreshing it was to have access to the most up to date information on the sector, and how he thinks this report will gain momentum in the years to come as a measurement of the impact of this sector on society. Listen to what he had to say here.
(LtoR) Adrienne Regan (Davy), Ian Duffy (former chairman of the board at Benefacts), Éilis Murray (Philanthropy Ireland) and Kingsley Aikins (Diaspora Matters) pictured at the launch of the inaugural annual Benefacts Nonprofit Sector Analysis in the Royal Irish Academy on Friday, 28th April 2017. This benchmark report by Benefacts is the most comprehensive analysis ever undertaken of nonprofit organisations in Ireland, including registered charities. View the report at www.Benefacts.ie/analysis.
“Philanthropic giving accounts for at least €83.4m annually.” #BeneFACTS17
Philanthropy in Ireland is in its infancy. It is a small, young yet extremely productive sector. The majority of funds and organisations have only been set up in the last 25 years.
For the first time, the Benefacts Nonprofit Sector Analysis provides us with reliable data derived from available published sources on the status of philanthropic giving in Ireland. This is very welcome because it serves to highlight the role philanthropy plays in supporting civil society and the range of causes therein.
The published figure of €83.4m for 2015 is acknowledged to be an underestimation of the real level of philanthropic giving in Ireland, restricted as it is to the contributions from incorporated institutional philanthropies. Benefacts’ report notes that the figure does not include the giving of unincorporated philanthropic organisations which are registered as charities, but whose financial statements are not yet publicly available from the Regulator. Similarly, this figure does not reflect individual philanthropy or corporate giving. When these additional elements and sources of giving are included, they will contribute to painting a somewhat different picture of the sum of philanthropic giving in Ireland.
What is critically important, however, is that we now have a baseline of information.
The full picture can be developed and analysed further over time. This is essential not just for the nonprofit sector, but also for funders and donors, enabling them to better understand the profile of the sector they are operating within, and supporting them in making informed decisions.
Until now, a key challenge in the development of philanthropy in Ireland has been the limited amount of quality data to help people understand the value of the sector’s contribution to civil society so the Benefacts report is a wonderful starting point. If augmented and further developed to include all strata of philanthropic giving, it will serve to build a substantively informed and rounded picture of the role and value of philanthropy to civil society in Ireland.
Éilis Murray is CEO of Philanthropy Ireland, a member and knowledge-based organisation for the philanthropic sector. She has over 25 years’ experience in the Not-for-Profit Sector working with and for several small teams. A Director of Oakfield Trust, Éilis is currently completing a Masters in Philanthropic Studies.
Read the Benefacts Nonprofit Sector Analysis 2017 here.
‘Really big step forward in terms of the professionalism of the sector’
Neil Pope, Founder and Director of Millington Pope, attended our recent Sector Analysis launch and commented on how this report represents a landmark publication for this sector.
‘It’s importance will grow year-on-year-it’s a really important input into an informed conversation about where we want to go’
Mary Sutton, Country Director for the Republic of Ireland at The Atlantic Philanthropies, attended the Sector Analysis launch and commented on the timeliness of this information, and how the detailed trend data will help inform discussion about nonprofits, charities and philanthropies in Ireland.
Benefacts Nonprofit Sector Analysis 2017. (LtoR) Adrienne Regan (Davy), Neil Pope (Millington Pope) and Faye Drouillard (The Giving Circle(s) of Amsterdam & Ireland) pictured at the launch of the inaugural annual Benefacts Nonprofit Sector Analysis 2017 in the Royal Irish Academy on Friday, 28th April. This benchmark report by Benefacts is the most comprehensive analysis ever undertaken of nonprofit organisations in Ireland, including registered charities. View the report at www.Benefacts.ie/analysis.
“This kind of data is a public good”
Faye Drouillard, Founder – The Giving Circle(s) of Amsterdam & Ireland, deemed the publication of the sector analysis report to be a positive step for the sector, and a very timely one. She considers this information to be a public good; something that everyone has a right to know.
Read the Benefacts Nonprofit Sector Analysis 2017 here