Archive for Chuck Feeney

‘Secret billionaire’ gave €46m in donations to Limerick in nine years

Posted in Governance and administration with tags , , on 11 February 2010 by Steve

“… The bulk of that funding – close to €40m – has been directed to educational and construction projects at the University of Limerick, which Mr Feeney has had a close association with since it was established as the National Institute of Higher Education in the 1970s. In that 40-year period, it has been estimated that over €100m has been received by UL from the generous donor …” (more)

[Anne Sheridan, Limerick Leader, 11 February]

Billionaire funded UL chief’s €1.1m house

Posted in Governance and administration with tags , , , on 30 January 2010 by Steve

“The money for the €1.1m residence for the president of the University of Limerick (UL) was provided by the group backed by Irish-American billionaire Chuck Feeney. Atlantic Philanthropies has poured €1bn into education, health and other social projects in Ireland — two-thirds of it to third-level institutions …” (more)

[Katherine Donnelly and others, Independent, 30 January]

Spending down Chuck Feeney-style

Posted in Life with tags on 6 May 2009 by Steve

Ireland“… Feeney has used his foundation Atlantic Philanthropies to give $1.2 billion (€900 million) to Irish causes, with $750 million of that granted to third-level institutions, according to The Secret Billionaire, for which Feeney biographer Conor O’Clery is credited as associate producer. Feeney’s requests for anonymity benefited the governments of the day. At the launch of O’Clery’s book, then Taoiseach Bertie Ahern was reported as joking that Feeney’s generosity kept him busy for years as he went around opening university buildings funded by the philanthropist. ‘I think most people thought it was Government money. I didn’t mind. Chuck never turned up’ …” (more)

[Laura Slattery, Irish Times, 5 May]

Philanthropic downturn

Posted in Governance and administration with tags , , on 27 April 2009 by Steve

Ireland“It is well known that Ireland’s university sector would not be where it is in terms of its international standing without the contribution made by philanthropy; in particular, without the very major contribution made so generously by Chuck Feeney through his philanthropic vehicle, Atlantic Philanthropies, and some of the other significant donors from Ireland and overseas. For all that, Ireland still lags far behind the United States in particular in terms of fundraising and donations. Some Irish universities are only just beginning to tap the potential of their alumni, and indeed it is important that relations with alumni are built up in a broader and more mutual context than just fundraising …” (more)

[Ferdinand von Prondzynski, University Blog, 27 April]

Students warned they’ll have to pay for college

Posted in Fees and access with tags , , , , , on 15 February 2009 by Steve

“Batt O’Keefe, the education minister, is planning a formal system of private donations to third-level colleges in the hope of amassing millions of euros in endowment funds for Irish universities. But he has made clear that students who can afford it will have to pay towards the cost of their college education in future. O’Keeffe has asked a group reviewing the structure and funding of the third-level sector to explore the potential of philanthropic donation to third-level education. ‘I have to ask the question: “How many more Chuck Feeneys are out there that we haven’t sourced yet?”,’ said the minister, in a reference to the Irish-American benefactor whose donation of millions of dollars to Irish education gave a huge boost to the likes of the University of Limerick and Dublin City University. ‘There is so much goodwill to Ireland, so many people who have ties and relationships with Ireland that if we make it amenable to them, I think they would be willing to become involved’…” (more)

[Stephen O’Brien, Sunday Times, 14 February]