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Foundation announces new community benefit fund

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The Community Foundation for Northern Ireland (CFNI) is delighted to announce the opening of the new Dunmore Community Benefit Fund.

This local community fund has been set up by global firm Capital Dynamics and will support local groups from the areas surrounding the Dunmore Wind Farm near Aghanloo in County Derry, Londonderry. £35,000 of grants will be available to community projects in 2014 and the Fund is expected to provide over £800,000 of grants over the next two decades.

The Fund welcomes applications from constituted community and voluntary groups addressing issues such as energy efficiency and sustainability, social, cultural or sporting benefit for the local community, education and environmental or economic benefit.

The community benefit fund, managed by Community Foundation NI, is committed to ensuring communities will see real benefit from the initiative. Eamonn Donaghy, Fund Development Manager at CFNI said: “The Community Foundation is dedicated to working in partnership with businesses and individuals across Northern Ireland to develop funding solutions that provide local people with the maximum benefit. We are delighted to announce another local Fund that will allow communities to make a real difference in their area.”

Stefan Ammann, Chief Executive Officer at Capital Dynamics, said, “We are pleased to be working with the Community Foundation for Northern Ireland to launch this Community Benefit Fund, which will provide a range of benefits to local communities including energy efficiency, sustainability and education.”

Applications for funding should be received by the Community Foundation for Northern Ireland (CFNI) by 1 pm on Monday, 6th October 2014.

Application forms and further information can be found at http://www.communityfoundationni.org/seeking-a-grant/how-to-apply.

For further information and to find out if your group or project is eligible, please contact the Grants Team on 02871 371547 or applications@communityfoundationni.org.

Capital Dynamics

Capital Dynamics is an independent, global asset manager, investing in private equity and clean energy infrastructure. We are client-focused, tailoring solutions to meet investor requirements. We manage investments through a broad range of products and opportunities including separate account solutions, investment funds and structured private equity products. Capital Dynamics currently has USD 19 billion in assets under management/advisement1.

Our investment history dates back to 1988. Our senior investment professionals average over 20 years of investing experience across the private equity spectrum2. We believe our experience and culture of innovation give us superior insight and help us deliver returns for our clients. We invest locally while operating globally from our London, New York, Zug, Beijing*, Tokyo, Hong Kong, Silicon Valley, Sao Paulo, Munich, Birmingham, Seoul, Brisbane, Shanghai* and Scottsdale offices.

1Capital Dynamics comprises Capital Dynamics Holding AG and its affiliates; assets under management/advisement, as of March 31, 2014, include assets under discretionary management, advisement (non-discretionary), and administration across all Capital Dynamics affiliates. Investments are primarily on behalf of funds managed by Capital Dynamics. 2Average years of experience held by Capital Dynamics’ 20 most-senior investment professionals. *Diligence Capital is a legally separate company operating under a strategic cooperation with Capital Dynamics.

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