Three Galway organisations receive grants from BOI Cost of Living Fund

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Bank of Ireland has announced the three Galway organisations which will receive grants from its Cost of Living Fund.

The recipients are the Galway Rape Crisis Centre, Ardaun Roscam Doughiska Family Resource Centre, and Ballinasloe Social Services.

The donations are targeted at groups including children and families at risk, older persons, domestic abuse charities, those with disabilities, lone parents and migrant communities.

The Bank committed €1 million overall to organisations supporting those most at risk from cost of living pressures, with the funding divided into two tranches.

The first part of the €1 million fund was allocated in January with €500,000 fast-tracked to 13 organisations working with vulnerable groups across the island of Ireland with grants of between €25,000 and €100,000.

This second round of donations will provide up to 50 smaller non-profit organisations with vital financial support in the form of grants of up to €10,000.

Myles O’Grady, Bank of Ireland Group CEO, said the rising cost of living is a significant challenge for many families across Ireland and that is why we committed €1 million in funding towards our cost of living response fund.

“Earlier this year we supported organisations working with some of the most vulnerable in our society, and we are pleased to announce today the second round of beneficiaries, which includes smaller organisations making a real difference in our communities and supporting those most in need,” she said.

Denise Charlton, Chief Executive, Community Foundation Ireland, added: “Local on-the-ground access and information is central to achieving our mission of equality for all in thriving communities.

“Our unique connectivity allows us to identify emerging challenges impacting certain communities and has been vital in assessing the impact of the rising cost of living.

“Partners like Bank of Ireland who share our equality mission allow us to use this local knowledge to strategically support not only those at risk, but also in identifying and implementing solutions.

“As a philanthropic hub for Ireland we greatly value this long-standing partnership.”