Today, (Monday 5th October) Minister of State with responsibility for Community Development and Charities, Joe O’Brien TD. announced that some 79 organisations across the country are to benefit from €4.29 million worth of funding under the Covid-19 Stability Fund.
Details of tranche four of the COVID-19 Stability Fund include:
- €4.29 million support package to benefit 79 organisations
- Collaboration with colleagues in the Department of Health
- Funding aimed at providing immediate assistance to community and voluntary groups, charities and social enterprises
- Cash injections for organisations that provide critical services to those most vulnerable in society
The funding from the Dormant Accounts Fund is designed to support community and voluntary organisations, charities and social enterprises that are experiencing financial difficulties as a result of the COVID-19 pandemic.
Once-off cash injections of between €2,000 and €200,000 are being awarded to qualifying organisations that provide critical services to those most vulnerable in society.
This will help with short term cash flow issues caused by the COVID-19 crisis.
This includes organisations from both phase 1 and 2 (unincorporated charities) of the fund and is on top of three previous tranches of funding announced in June, July and September 2020 which allocated funding of over €25m to 489 organisations.
These organisations provide services in a diverse range of areas including homeless services, cancer supports, counselling and family supports, addiction services and assistance for older and vulnerable persons.
Some of the successful applicants today include:
The Alzheimer Society of Ireland
The Irish Kidney Association
North West Simon
Amach! LGBT+ clg
Speaking this morning, Minister O’Brien said :
“I am very happy to join with my colleagues at the Department of Health to announce a further tranche of funding under the COVID 19 Stability fund to Community and Voluntary organisations and Social Enterprises that are experiencing financial difficulties at this time. My Government colleagues and myself acknowledge and appreciate the work that these organisations do in their communities and I hope that this funding will go some way to support the continuation of their valuable services”.
I would also like to take this opportunity thank sincerely all community and voluntary organisations for the work they have done throughout this difficult period to support and provide valuable services to the most disadvantaged in our communities. Their work remains a very important part of getting Ireland through this pandemic and Government recognises and is grateful for that contribution”.
Read the full press release here.
A full list of successful applicants under Tranche four is available here.