The American Ireland Fund
- Assets
- $25.7m
- Revenue
- $20.3m
- Investments
- $0.0
- Employees
- 18
- Location
- Boston, MA
- Founding
- 10/1976
- Data as of
- 12/2022
- EIN
- 25-1306992
Organization Overview
The American Ireland Fund is located in Boston, MA. The organization was established in 1976. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, American Ireland Fund employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Ireland Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Ireland Fund generated $20.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $21.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, American Ireland Fund has awarded 269 individual grants totaling $21,948,329. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION; COMMUNITY DEVELOPMENT; ARTS & CULTURE AND PEACE & (CONTINUED ON SCHEDULE O) EDUCATION; COMMUNITY DEVELOPMENT; ARTS & CULTURE AND PEACE & RECONCILIATION PRIMARILY IN IRELAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AMERICAN IRELAND FUND MAKES GRANTS WORLDWIDE, FROM PROGRAMS IN IRISH COMMUNITIES TO CAUSES AROUND THE WORLD THAT PROMOTE PEACE AND RECONCILIATION IN NORTHERN IRELAND; SUPPORT EDUCATIONAL OPPORTUNITIES; INCREASE THE AWARENESS OF IRISH CULTURE; AND STRENGTHEN AND DEVELOP COMMUNITIES, PARTICULARLY FOR THE UNDERPRIVILEGED IN SOCIETY. THERE WERE 540 GRANTS TO 239 GRANT RECIPIENTS, TOTALING $16,474,438 DURING THE CALENDAR YEAR 2022.
ALL OFFICES IN THE UNITED STATES LIAISE WITH GRANTEES AND ORGANIZATIONS IN IRELAND. THE FUND HELPS THEM REFINE THEIR CASES AND HELPS THEM TO IDENTIFY POTENTIAL DONORS AND ADVISES THESE APPLICANTS ON HOW TO BEST ADVOCATE FOR THEIR CHARITABLE PURPOSE. THE FUND ALSO PROVIDES ADVICE ON MAINTAINING GOOD DONOR RELATIONS. THE FUND HAS CO-HOSTED AND ASSISTED WITH A NUMBER OF EVENTS AND DINNERS TO BENEFIT IRISH NOT FOR PROFITS. THE FUND EFFECTIVELY PROVIDES ADVICE, AND MARKETING SERVICES FOR IRISH ORGANIZATIONS IN ACCESSING SUPPORT IN AMERICA.
THE AMERICAN IRELAND FUND APPLIES RESOURCES TO ASSESS THE PERFORMANCE OF GRANTEES AND PROVIDES TECHNICAL AND DIRECT PROGRAMMATIC ASSISTANCE TO ITS GRANTEES TO ENSURE THAT ALL FUNDS ARE GENERATING A MAXIMUM RETURN TO ACCOMPLISH THEIR PLANNED CHARITABLE GOALS. IN ADDITION, THE FUND PROVIDES A SUITE OF SERVICES TO GRANTEES TO HELP THEM BETTER DEVELOP THEIR CAPACITY IN TERMS OF MAKING CASES, MANAGING THEIR AFFAIRS AND ACCESSING ADDITIONAL MONIES FROM OTHER FUNDERS. THE FUND ORGANIZES SEMINARS ON THESE ISSUES AS WELL AS MEETING GRANTEES AND APPLICANTS IN EACH OF ITS OFFICES. THEREFORE, RATHER THAN JUST DISTRIBUTE GRANTS, THE FUND ACTS AS A RESOURCE TO THE SECTOR.
THE AMERICAN IRELAND FUND SUPPORTS THE WORK OF THE IRELAND FUNDS IN IRELAND ("TIFI"). TIFI IS A SEPARATE AND INDEPENDENT GROUP, ORGANIZED UNDER IRISH LAW WITH ITS OWN BOARD AND OFFICERS. IT PROVIDES SUPPORT AND EDUCATION SERVICES ORGANIZATIONS ANNUALLY IN IRELAND AND NORTHERN IRELAND IN THE AREAS OF GRANT SOLICITATION, FUNDRAISING AND THE BOARD DEVELOPMENT OF THOSE ORGANIZATIONS. TIFI ALSO REGULARLY VISITS ORGANIZATIONS THAT HAVE RECEIVED FUNDING, OR HOPE TO RECEIVE FUTURE FUNDING, FROM THE AMERICAN IRELAND FUND, TO EVALUATE THEIR PRIOR AND PROPOSED FUTURE USE OF FUNDS. TIFI WORKS WITH A NUMBER OF UMBRELLA ORGANIZATIONS IN IRELAND TO HELP DEVELOP IRELAND'S PHILANTHROPIC INFRASTRUCTURE AND TO FURTHER SUPPORT CHARITABLE ORGANIZATIONS IN IRELAND AND NORTHERN IRELAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene Mcquade Chair | OfficerTrustee | 8 | $0 |
Shaun Kelly Vice-Chair | OfficerTrustee | 5 | $0 |
Angela Moore Vice-Chair | OfficerTrustee | 5 | $0 |
Sheila O'malley Fuchs Secretary | OfficerTrustee | 3 | $0 |
Christopher M Condron Treasurer | OfficerTrustee | 3 | $0 |
Patrick Broe Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grant Thornton Llp Accounting Services | 12/30/22 | $131,200 |
Susan O'neill Event Planning | 12/30/22 | $111,096 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $500 |
| Fundraising events | $4,638,048 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,155,464 |
| Noncash contributions included in lines 1a–1f | $619,179 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,794,012 |
| Total Program Service Revenue | $0 |
| Investment income | $302,354 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $492,286 |
| Net Income from Fundraising Events | -$1,249,960 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,338,733 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,362,361 |
| Grants and other assistance to domestic individuals. | $1,892,048 |
| Grants and other assistance to Foreign Orgs/Individuals | $13,220,029 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $665,107 |
| Compensation of current officers, directors, key employees. | $199,532 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,406,517 |
| Pension plan accruals and contributions | $125,712 |
| Other employee benefits | $180,831 |
| Payroll taxes | $130,777 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $163,215 |
| Fees for services: Accounting | $131,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $31,800 |
| Fees for services: Investment Management | $138,854 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50,823 |
| Office expenses | $197,352 |
| Information technology | $100,923 |
| Royalties | $0 |
| Occupancy | $283,370 |
| Travel | $116,592 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $297,876 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,233 |
| Insurance | $55,760 |
| All other expenses | $2,220 |
| Total functional expenses | $21,495,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,549,852 |
| Savings and temporary cash investments | $4,147,685 |
| Pledges and grants receivable | $426,554 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $482,417 |
| Net Land, buildings, and equipment | $82,888 |
| Investments—publicly traded securities | $13,065,603 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $975,541 |
| Total assets | $25,730,540 |
| Accounts payable and accrued expenses | $461,423 |
| Grants payable | $6,098,492 |
| Deferred revenue | $214,070 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $908,357 |
| Total liabilities | $7,682,342 |
| Net assets without donor restrictions | $10,387,920 |
| Net assets with donor restrictions | $7,660,278 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,730,540 |
Grants Awarded
Over the last fiscal year, The American Ireland Fund has awarded $1,344,611 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN AMERICAN IRISH DIASPORA NETWORK PURPOSE: COMMUNITY DEVELOPMENT | $35,000 |
BOYS AND GIRLS CLUBS OF DORCHESTER PURPOSE: COMMUNITY DEVELOPMENT | $20,000 |
CATHOLIC EXTENSION PURPOSE: COMMUNITY DEVELOPMENT | $85,000 |
CATHOLIC SCHOOLS FOUNDATION PURPOSE: COMMUNITY DEVELOPMENT | $10,000 |
CELTIC FC FOUNDATION PURPOSE: COMMUNITY DEVELOPMENT | $25,000 |
CONCERN WORLDWIDE USA PURPOSE: COMMUNITY DEVELOPMENT | $10,000 |