Oireachtas Joint and Select Committees
Thursday, 17 October 2024
Public Accounts Committee
Financial Statements 2023 - Charities Regulatory Authority
9:30 am
Paul McAuliffe (Dublin North West, Fianna Fail)
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I find it very frustrating, as does the group itself, which I will not name, that to carry out charitable work, and it inherited a legacy structure, 50% of its fundraising is to satisfy the Charities Regulator. While that is necessary, and I cannot see any other way around it, there is scope to have a more agile approach for smaller charities, as Ms Delaney mentioned. I will leave that with her as a point. It is a more significant number than I expected when she said 12%.
In those other charities that have staff, active boards and governance structures, you would expect that these obligations are not onerous. The issues at the Peter McVerry Trust came as a surprise to many people. When and how did the Charities Regulator become aware of the issues and what was its immediate response?