JP McManus donates €40m to charities in mid-west
BUSINESSMAN JP McManus is donating €40m to community initiatives in the mid-west in what is believed to be one of the biggest single charitable donations in the State's history.
The announcement of the new fund follows confirmation earlier this year that the JP McManus Pro-Am will not be taking place next year.
The cancellation of the charity golfing event, which has attracted golfing stars such as Tiger Woods and Hollywood A-listers such as Samuel L Jackson to Ireland, was described as a blow to local charities which have received more than €100m raised by the Pro-Am events.
It's hoped these charities will benefit from the new fund chaired by Sue Ann Foley, daughter of the business tycoon.
"We are hoping to support vital community efforts to provide better economic and social futures at grassroots level and upwards," said Ms Foley, who lives in Croom, Co Limerick.
Ms Foley said much of the work undertaken by these charities and organisations "is done without publicity and their daily needs can easily be overlooked".
Valued at €40m, the new fund will be managed as a sole entity, independent of any existing programmes sponsored by Mr McManus and will aim to support initiatives and organisations in the mid-west.
CEO of Limerick's Milford Care Centre Pat Quinlan welcomed the new fund.
"We benefited from each of the Pro-Ams. When we heard it was not going to continue we were concerned about where do we turn to next," he said.