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Minister sees fruits of Clare projects opening up activity to all

Minister sees fruits of Clare projects opening up activity to all
clarechampion.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from clarechampion.ie Daily Mail and Mail on Sunday newspapers.

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£76,000 found in old bank accounts has been given to a Derry cultural centre

£76,000 found in old bank accounts has been given to a Derry cultural centre
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£76,000 found in old bank accounts has been given to a Derry cultural centre

£76,000 found in old bank accounts has been given to a Derry cultural centre
An Gaeláras benefits from dormant accounts initiative
Reporter:
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An Irish language and cultural organisation in Derry is one of the first organisations to be awarded a grant from The Dormant Accounts Fund NI.
Dormant accounts are defined as those which have seen no customer-initiated activity for at least 15 years.
Under the Dormant Bank and Building Society Accounts Act 2008, money has been released from these unused accounts to the National Lottery Community Fund for distribution to good causes across the UK.
The programme, delivered by The National Lottery Community Fund in conjunction with the Department of Finance, is supporting the voluntary, community and social enterprise (VCSE) sector to be more resilient and prepared for the long-term future. ....

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Murphy launches £20.5m Dormant Accounts Fund | Latest Newry News, Newry Sport and Newry Business for Newry City

Multi-year grants of up to £100,000 will be available to build organisations’ resilience and sustainability.
Visiting Footprints social enterprise in West Belfast this week, Minister Murphy said, “The establishment of the Dormant Accounts Fund is great news for the community, voluntary and social enterprise sectors.
“While the Fund currently is £20.5 million it will increase as further Dormant Funds are made available each year.

“Third sector groups are often limited to annual funding, causing constant uncertainty and hindering long-term planning.
“By offering multi-year funding, this Fund will give groups a bridge to become more financially sustainable.
“Ultimately this allows them to have an even greater impact on people’s lives,” he added. ....

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