It is estimated that income raised by the community and voluntary sector through fundraising will be down by between €400m and €500m by the end of the year if the current situation prevails, according to the Director of Public Policy at The Wheel, Ireland's association of community and voluntary organisations, charities and social enterprises.
Ivan Cooper was speaking during a live-streamed National Charity Summit, hosted by The Wheel, attended virtually by up to 500 organisations and charities.
Deirdre Garvey, Chief Executive of The Wheel, said: "The Government's €40 million Covid-19 stability package was a very welcome lifeline for many frontline services ...