Embattled Irish arm of ChildFund gets €60k
Under investigation by the Charities Regulator, and following a drop in donations, the children’s charity is facing serious funding challenges
ChildFund Ireland, which is currently under investigation by the Charities Regulator, has received a €60,000 lifeline from its parent organisation amid ongoing takeover talks.
The most recent accounts for ChildFund show that the Irish charity is in the middle of a due diligence process with ChildFund International, its US-based parent organisation.
The recently published accounts say that “the charity is dependent on ChildFund International for future financial support and based on the charity’s financial projections ...