Oireachtas Joint and Select Committees
Thursday, 6 April 2017
Public Accounts Committee
National University of Ireland Galway: Financial Statement 2013-2014
9:00 am
Ms Mary Dooley:
I am sorry. The figure, at June 2016, is €52 million. I might just add, in addition to what the president has said, that the foundation gives the university money after the university has incurred the expenditure. That is to protect the donors. That is the US model. The foundation was built on the US model and so on. The capital money coming over to the university included in that figure is significant.
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