Why was the fund set up?
During 2011, a donor, who having been extremely successful in his working life and had previously been giving to charities for some time in an ad-hoc manner, become aware of us in his capacity as a professional adviser and decided to set up a Donor Advised Fund.
Wishing to house his grant making in a structured and an anonymous way, he particularly liked the distance at which he could put himself from the administrative side, as well as the formalised process of staged payments and outcome reports expected from the grantee.
The donor saw us as a mediator who could push for accountability and measurement of effectiveness of his grant funding. Having already put a lot of thought into his philanthropy, he identified that he wished to support a ‘Chess for All’ project as he had been a chess enthusiast as a child and could identify the benefits that playing chess had brought to him.
“When I opened a fund at The Community Foundation for Ireland a few years ago I had wanted to give something back. As a child I remembered how much I enjoyed playing chess and the benefits it had for me socially and educationally. People gave their time voluntarily to bring us back and forth to play in competitions and this often came back to me as the years went by. I have funded Chess for All from my Donor Advised Fund at The Community Foundation for Ireland as part of a three year commitment to the value of €120,000. This will have ensured hundreds, if not thousands of children are impacted by the positive influence of chess in their lives, just like me.”
Anonymous Chess for All Donor
What was the impact of the fund?
Numerous studies have shown that chess develops strategic and logical thinking, improves focus, hones memory and heightens self-esteem, as well as offering hours of fun for enthusiasts. ‘Chess for All’ was set up in 2011 to conduct chess lectures over six week periods in schools across the State, with an emphasis on disadvantaged areas.
It is initially a three-year project. The first ‘Chess for All’ national finals took place in Dublin in April 2012 with 50 schools taking part in the finals, involving an estimated 180 children. We worked closely with all stakeholders in terms of expectations, obligations, reporting requirements and looking at the long-term sustainability beyond funding.