Database to aid transparency of non-profits
Published 18/05/2016 | 02:30
An online database aimed at improving transparency for charities and groups in the not-for-profit sector goes live this morning.
Benefacts.ie is an online database of 18,600 Irish non-profits which allows the public to search for regulatory, financial and governance data about an entire sector that employs almost 108,000 people and turns over more than €7bn a year.
The database includes all registered charities and thousands of other NGOs, including education institutions, social enterprises and sports and professional bodies. The information is drawn from a number of regulators including the Companies Registration Office and Charities Regulatory Authority.
Public Expenditure and Reform Minister Paschal Donohoe said the database was a "tangible example" of how the Government could work in partnership with the community, voluntary and philanthropic sectors to design and deliver new services.
"Greater openness, transparency and improved accountability are at the core of our vision for Benefacts and this database will provide Government with the infrastructure necessary to underpin a higher-quality assessment of public spending," he added.
Benefacts founder and MD Patricia Quinn said the database would help improve accessibility and transparency in a sector which "has, until now, been hidden in plain view". She added it would help build public trust, and support better decision-making.
The site is funded by the Department of Public Expenditure and Reform, Atlantic Philanthropies and the Ireland Funds.