50 Nonprofit Organisations to Benefit from Cost of Living Fund

Posted on 2 May 2023

Bank of Ireland has announced the next recipients of grants from its Cost of Living Fund. The donations are targeted at groups including children and families at risk, older persons, domestic abuse charities, those with disabilities, lone parents and migrant communities.

The Bank has committed €1 million overall to organisations supporting those most at risk from cost of living pressures, with the funding divided into two tranches. The first part of the €1 million fund was allocated in January with €500,000 fast-tracked to 13 organisations working with vulnerable groups across the island of Ireland with grants from €25,000 up to €100,000. This second round of donations will provide up to 50 smaller non-profit organisations with vital financial support in the form of grants of up to €10,000.

As with previous donations of this nature, the Bank is working closely with Community Foundation Ireland to support effective rollout of the fund. The Foundation has advised the Bank on a wide range of social issues and organisations that require immediate financial support and is managing the donation on behalf of the Bank.

Some examples of the ways in which beneficiaries will use the funds include:

  • Hill Street Family Resource, an intercultural centre in Dublin’s north east inner city, will offer programmes to families and children at risk, which include 10 monthly workshops on different topics as well as three eight-week personal development programmes.
  • Taghmon Family Resource Centre, a community-based family support programme in Co. Wexford, will set up a food parcel programme for families living in the catchment of Taghmon, to provide healthy food parcels on a regular basis to families that are particularly vulnerable due to the rising cost of living.
  • Tralee International Resource Centre, an organisation supporting asylum seekers and refugees in Co. Kerry, will use the funds to create clinics and workshops to support Ukrainians to live independently in Ireland.
  • Ballinasloe Social Services, an organisation providing services to the elderly in Co. Galway, will use the grant to distribute fuel vouchers to enable older people living in disadvantaged areas cope with cost of living crisis.

A full list of the second round of grantees is available here: Cost of living hub | Bank of Ireland

Poster

Pic: Among the groups who will receive funding in this round is the Hill Street Family Resource, an intercultural centre in Dublin’s north east inner city, which offers a range of support programmes for the local community that are inclusive, responsive to immediate needs for families of all cultures, ethnicities and backgrounds.