Donations from JP McManus’s Irish charity fall 10% despite new focus on Covid

Foundation run by Limerick billionaire spent €3.68 million on ‘charitable disbursements’ in 2020

JP McManus: Limerick billionaire’s charity directed funds towards those affected by the pandemic in 2020. Picture: Alan Crowhurst/Getty Images

Donations from JP McManus’s charitable foundation fell by 10 per cent last year despite the organisation sending money to those worst-affected by Covid-19, newly filed accounts show.

The JP McManus Charitable Foundation spent €3.68 million on “charitable disbursements” in 2020, down from €4.14 million in 2019. The organisation was left with net assets of more than €160 million at the end of the year, a slight drop-off from the previous financial period.

Total income and ...