Finola O’Mahony, Stephen Rowe, Aileen McCarthy from the Clonakilty AIB branch at the statue of Michael Collins in the town as the AIB Community €1 Million Fund was launched. Photo: theheadshotguy.ie

Community fund open

A new community fund worth €1 million has been launched to help more than 30 charitable organisations in communities across Ireland.

The AIB Community €1 Million Fund will be distributed following an online nomination process, one for customers and one for employees, and will be split across five regions in Ireland – Greater Dublin, the Rest of Leinster, Munster, Connaught and Ulster.

AIB will allocate €700,000 to charities chosen by its customers and the public while €300,000 will go to charities chosen by the bank’s employees.

Stephen Rowe, AIB Branch Manager in Clonakilty said: “We are delighted to launch the AIB Community €1 Million Fund to support the charitable organisations that matter most to our 2.8 million customers and the 9,000 colleagues nationwide.

“We are inviting our customers and the public to nominate the charities they wish this new fund to support. Our hope is that this funding will help make a real difference to those who are working tirelessly for the benefit of their local communities and the most vulnerable in society.’’

Nominations will close on 22 June. The nomination form and full details on the AIB Community €1 Million Fund are available on the bank’s website. Customers and the public are required to submit the registration number of the charity they are nominating in order to complete the form.

The bank will separately launch a process for AIB staff wishing to nominate charities in their communities.

Once nominations are confirmed, the top six nominees for each of the five regions will be asked to present to an AIB regional panel.

Four charities in each region will each receive €28,000, while two will each receive €4,000. The selected charities will be announced in September 2022.