A priceless boost in the fight against dementia
It's the biggest charitable donation in Irish history and it could help develop a cure for one of the world's most challenging illnesses. The decision by Atlantic Philanthropies to donate €138m to a Trinity College Dublin team to stop the projected tripling of dementia by 2050 is simply awesome.
Irish society has benefited in countless ways by the generosity of Atlantic, led by Irish-American billionaire Chuck Feeney, arguably Ireland's greatest philanthropist. This includes areas such as immigration, early childhood education and equal rights for the LGBT community.
However, this donation surpasses all others and could help Irish academics and scientists become world leaders in the fight against dementia's many causes and symptoms.
An estimated 30pc of dementia cases, which affects 50,000 people in Ireland and 48m worldwide, are preventable.
The joint project by TCD and San Francisco University will make Ireland a global hub for dementia research.
As Atlantic Philanthropies exits Ireland, we owe a huge debt of gratitude for Mr Feeney's priceless generosity to this island and its people.