Giving Ireland 2020 Report Launch

IRELAND, Ireland - Oct. 22, 2020 - PRLog -- Fundraised income increased 11%, rising for the 9^th consecutive year.
Ireland's per capita giving is €255 compared to €398 in the U.K. and €353 in N.Z.
Transparency in the sector stagnated under the weight of compliance burdens.
Average cost to raise €1 in 2018 was 29cent, an increase on previous years.

Giving Ireland is a collaboration between 2into3 and Philanthropy Ireland. The Giving Ireland 2020 Report was launched today. It gives a detailed analysis and insights on Funding of the Not-For-Profit Sector in 2018.

Formerly known as "The Irish Not-for-Profit Sector: Fundraising Performance Report", this year's report, launched on Wednesday 21^st October, builds a year-on-year performance insight into fundraising by the Not-for-Profit sector in Ireland. It used a representative sample of not-for-profit organisations to chart philanthropic income trends in Ireland.

The report estimates Ireland's charitable giving to be at €1.24 billion in 2018, with Irish people giving an average of €255 annually, forming 0.38% of Ireland's GDP. The figures are revealed in "Giving Ireland 2020 - Analysis and Insights on Funding of the Not-For-Profit Sector in 2018" published by Giving Ireland and supported by Quilter Cheviot and BDO. The report can be accessed at www.givingireland.ie

The report reveals the total fundraised income from private sources in 2018, the fundraising performance and mix of the sector year on year and the cost of fundraising by method. State funding accounted for 52% of the sector's total income in 2018, an increase of 9% from 2017.

Dennis O'Connor, 2into3 Director said "This research shows that our giving levels, while growing, still lag behind our peers significantly and closing that gap would greatly increase the resources available for Irish not-for-profits. In collaboration with Philanthropy Ireland and the sector we would like to address this gap".

Éilis Murray, Philanthropy Ireland CEO said "Consideration of the findings in this report can contribute to the debate on how we can further develop our giving practices to increase potential benefit for society. While we are predominantly reactionary givers in Ireland, faced with our current reality, we must strive to realise the potential of philanthropy - strategic, planned giving".

ENDS
Note to Editor: The report is based on analysis of a random, stratified representative sample of 2018 accounts of 1,660 organisations.

About 2into3
2into3 works with mission-driven organisations to build capacity, so that they can have a transformative impact on society in Ireland and the world.

About Philanthropy Ireland
Philanthropy Ireland (PI) promotes the development of Philanthropy and good giving practice in Ireland and aim to maximise the impact of giving, making real and lasting change for the benefit of our society.