Feeney group gives $20m to fight dementia

Chuck Feeney
Chuck Feeney

By staff reporter

Irish-American entrepreneur Chuck Feeney and The Atlantic Philanthropies have announced new grants of almost $20 million to fight Alzheimer’s and dementia in Ireland. These grants are the subject of ongoing discussions with the government for matching funds.

Feeney, a New Jersey native who is Atlantic’s Founding Chairman, has donated $7.5 billion to philanthropic causes across the globe to date, and was key in convincing Warren Buffett and Bill Gates to agree to his Giving While Living concept. The grants are being made to the Health Service Executive ($15.4 m) and the Health Research Board ($4.6m)

Mary Sutton, Country Director for Ireland at the Atlantic Philanthropies, described dementia as one of the biggest health and social care challenges of this century. “We are good at devising strategy in Ireland, but the key is implementation and follow through.”

According to figures from the World Health Organisation, dementia is the leading cause of dependency and disability among the older population, and 35.6 million people are said to be living with the condition, a number which WHO says is set to double by 2030 and triple by 2050.

 

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