Oireachtas Joint and Select Committees

Tuesday, 30 September 2025

Joint Oireachtas Committee on Housing, Local Government and Heritage

Peter McVerry Trust: Discussion

2:00 am

Mr. Niall Mulligan:

If you look at the funding model of Peter McVerry Trust in the past, notwithstanding what I said about statutory funding, there was a heavy reliance on fundraised income, so anything up to about 30% of our services was funded from fundraised income. When there was a significant loss in fundraised income, that caused a cash flow difficulty within the trust. That is my understanding.