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Arts philanthropy initiative

The Minister for Arts, Heritage & the Gaeltacht, Jimmy Deenihan gave details to Aengus O Snodaigh (SF, Dublin SC) and Gerry Adams (SF, Louth) of the arts philanthropy initiative for 2013 (Dail Eireann, Debates, 13th March 2013, 546-7)).  Under the scheme, for which he had allocated €210,000, arts organizations could apply for funding for the scheme if they could generate private fund-raising:

Up to €5,000 on a 2:1 private: public basis (€1 from the taxpayer for every €2 raised privately)

Up to €10,000 on a 3:1 basis and 

Up to €15,000 on a 4:1 basis.

Applications would be dealt with on a first-come, first-served basis, but with priority given to arts education projects in disadvantaged DEIS schools.  Most of the funding this year would be directed toward projects with an education component.  The 2012 philanthropy initiative had exceeded all expectations.  It had been expected that for every €1 of public money, there would be €2.50 of private money, but 70% more private funding came in than anticipated.  The arts got a boost last year of over €1m, of which only one-fifth came from public money.