Press Statement Monday 27th July 2020
O’Donnell welcomes €389,740 for 6 Limerick organisations under COVID-19 Stability Funding
- 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
- Stability funding being released quickly with further tranches to be announced
Fine Gael TD for Limerick City Kieran O’Donnell has welcomed this morning’s announcement by Minister for Social Protection, Rural and Community Development and the Islands, Ms Heather Humphreys TD, and Minister for Children, Disability, Equality and Integration, Mr Roderic O’Gorman TD, that 6 Limerick organisations are to receive a combined total of €389,740 as part of a national funding of €4.1 million to 101 organisations under the COVID-19 Stability Fund.
This 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 to help with short term cash flow issues being suffered due to the COVID crisis.
This is on top of Tranche One of the funding, which was announced on the 26th June 2020 and benefitted 179 organisations. These organisations provide services in a diverse range of areas including addiction support, disability services, health and wellbeing, youth services and social services and supports for disadvantaged individuals and communities.
“The 6 successful applicants from Limerick today are:
|117610F||St Munchin’s Community Centre Ltd Services for Older Persons Limerick||€194,676.27|
|175816F||Doras Luimni Limited
|576163T||Clare’s Wish Foundation Company Limited by Guarantee||€11,549.99|
|426093K||Southill Hub Youth Services Limerick||€47,378.26|
|Our Lady of Lourdes Community Services Group Company Limited By Guarantee
|880692U||Limerick Community Crisis Response Team CLG Mental Health Services Limerick||€8,155|
“I very much welcome this morning’s announcement by Government of €389,740 in total for 6 Limerick organisations who provide such a great service to the public and for their communities. One of the Limerick organisations funded, St Munchin’s Community Centre, Kileely got the 2nd highest allocation in the country at €194,676.
“In particular, I wish to compliment them on the services they have continued to provide during Covid-19 to the public.
Speaking this morning, Minister Humphreys said: “I am delighted to join with my colleagues, Ministers O’Gorman and O’Brien, to announce this support package aimed at organisations that provide hugely valuable services to our most vulnerable communities.
“The purpose of the stability fund is to provide immediate, short term cash flow to those organisations that are unable to carry out their usual fundraising or trading activity as a result of the restrictions imposed by the COVID pandemic.
“I would like to express my deep gratitude and admiration for these organisations for the work that they do and I hope the funding provided today will assist them to continue to provide their valuable services to communities all over Ireland.”
Minister O’Gorman said: “I very much welcome today’s announcement of a further tranche of supports to organisations in the community and voluntary, charity and social enterprise sectors. Organisations in this sector have played a central role in the wider community response to the Covid-19 pandemic, in many cases supporting isolated and often vulnerable people. They are deserving of our deep appreciation for the valuable work that was carried out in very difficult circumstances. I hope that the supports that I and my colleague Minister Humphreys are announcing today will assist these organisations as they continue with their good works”.
Joe O’Brien TD, Minister for Community Development and Charities added: “This funding will provide much needed support to organisations that are at the heart of our communities at a time when their communities need them the most. We owe a great debt to these organisations and I hope that this funding will go some way to show our appreciation for their work and the supports and services they provide in general and particularly during this difficult time”.
Notes for the Editor:
Following the announcement of a €40 million funding package for the sector, applications were invited for the €35 million Stability Scheme. The Stability Scheme, administered by Pobal, opened for applications from 11th – 21st May 2020. A total of 1,027 applications were received in that period.
The Stability Scheme will provide immediate, short term cash flow to qualifying organisations which provide critical services to those most vulnerable in society. The funding will be prioritised for those organisations which are most in need and have seen their trading and/or fundraising income drop significantly during the crisis.
With funding being provided from the Dormant Accounts Fund, the Stability Scheme will provide a once off grant to qualifying organisations. In line with the objectives of the Dormant Accounts Fund, the Stability Scheme will focus on organisations providing supports and services in the following sectors:
- Health and Social Care (including addiction, disability and mental health)
- Child and Family Services (including counselling/therapies)
- Domestic/Sexual/Gender based violence
- Community Services (e.g. meals on wheels/befriending services/old age supports/vulnerable people’s support groups etc.)
- Community Education Sector
Organisations were required to demonstrate the impact that the crisis has had on their services and applications will be prioritised according to need. Pobal, which works on behalf of Government to support communities and local agencies toward achieving social inclusion and development, administers the Stability Fund on behalf of the Department of Rural and Community Development.