Civic Intelligence

The American Ireland Fund (DBA the Ireland Funds America/The Ireland Funds)

EIN 25-1306992 • 501(c)3 • Boston, MA

View Organization Page

Profile

Dedicated to supporting programs of peace and reconciliation, arts and culture, education and community development primarily in the island of ireland.

10 Post Office Square N950Boston, MA 02109

www.theirelandfunds.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.27x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.26x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

58th percentile

7.8%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$423,636

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

89th percentile

27%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

28%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$33,250,579

Up $7,520,039 (+29%) from 2022

Liabilities

Up

$8,947,645

Up $1,265,303 (+16%) from 2022

Net Assets

Up

$24,302,934

Up $6,254,736 (+35%) from 2022

Operations
Liabilities / Revenue42nd percentileNet Margin58th percentile

Revenue

Up

$34,866,187

Up $14,527,454 (+71%) from 2022

Expenses

Up

$32,157,421

Up $10,662,398 (+50%) from 2022

Net Income

Up

$2,708,766

Up $3,865,056 (+334%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth89th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $11,233,509Liabilities 2010: $2,108,191Net Assets 2010: $9,125,3182010Assets 2011: $11,858,587Liabilities 2011: $2,743,747Net Assets 2011: $9,114,8402011Assets 2012: $14,252,275Liabilities 2012: $3,044,036Net Assets 2012: $11,208,2392012Assets 2014: $16,213,735Liabilities 2014: $3,998,286Net Assets 2014: $12,215,4492014Assets 2016: $21,352,284Liabilities 2016: $7,240,557Net Assets 2016: $14,111,7272016Assets 2017: $24,976,327Liabilities 2017: $9,652,243Net Assets 2017: $15,324,0842017Assets 2018: $23,065,772Liabilities 2018: $7,771,939Net Assets 2018: $15,293,8332018Assets 2019: $25,960,519Liabilities 2019: $8,961,109Net Assets 2019: $16,999,4102019Assets 2020: $28,713,428Liabilities 2020: $9,427,488Net Assets 2020: $19,285,9402020Assets 2021: $28,715,910Liabilities 2021: $7,719,579Net Assets 2021: $20,996,3312021Assets 2022: $25,730,540Liabilities 2022: $7,682,342Net Assets 2022: $18,048,1982022Assets 2024: $33,250,579Liabilities 2024: $8,947,645Net Assets 2024: $24,302,9342024

Highlighted filing

2024

Assets$33,250,579
Liabilities$8,947,645
Net Assets$24,302,934
Open 2024 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $44,735,2562010Expenses 2011: $23,173,7672011Expenses 2012: $18,414,8752012Revenue 2014: $28,347,285Expenses 2014: $26,993,614Net Income 2014: $1,353,6712014Revenue 2016: $21,652,329Expenses 2016: $19,259,832Net Income 2016: $2,392,4972016Revenue 2017: $32,783,549Expenses 2017: $33,128,738Net Income 2017: -$345,1892017Revenue 2018: $28,910,017Expenses 2018: $27,395,938Net Income 2018: $1,514,0792018Revenue 2019: $18,315,903Expenses 2019: $18,748,455Net Income 2019: -$432,5522019Revenue 2020: $20,847,457Expenses 2020: $19,049,535Net Income 2020: $1,797,9222020Revenue 2021: $22,675,949Expenses 2021: $22,010,919Net Income 2021: $665,0302021Revenue 2022: $20,338,733Expenses 2022: $21,495,023Net Income 2022: -$1,156,2902022Revenue 2024: $34,866,187Expenses 2024: $32,157,421Net Income 2024: $2,708,7662024

Highlighted filing

2024

Revenue$34,866,187
Expenses$32,157,421
Net Income$2,708,766
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$33,250,579
Liabilities
$8,947,645
Net assets
$24,302,934
Revenue
$34,866,187
Expenses
$32,157,421
Net income
$2,708,766
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.3$8.95$24.3$34.9$32.2$2.71
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$7.68$18.0$20.3$21.5$1.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.7$7.72$21.0$22.7$22.0$0.67
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$9.43$19.3$20.8$19.0$1.80
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.0$8.96$17.0$18.3$18.7$0.43
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$7.77$15.3$28.9$27.4$1.51
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.0$9.65$15.3$32.8$33.1$0.35
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$7.24$14.1$21.7$19.3$2.39
2014Detailed filing. Detailed filing data is available for this year.$16.2$4.00$12.2$28.3$27.0$1.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$3.04$11.2$18.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$2.74$9.11$23.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$2.11$9.13$44.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$70,644,458
Mission and Program Overview

Mission

Dedicated to supporting programs of peace and reconciliation, arts and culture, education and community development primarily in the island of ireland.

Education; community development; arts & culture and peace & (continued on schedule o) reconciliation primarily in ireland.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,403,792$18,848,680▲ $3,444,888
Savings and Temporary Cash Investments$4,789,130$8,226,765▲ $3,437,635
Cash and Non-Interest-Bearing Accounts$4,387,006$1,334,692▼ $3,052,314
Pledges and Grants Receivable$487,150$867,787▲ $380,637
Prepaid Expenses and Deferred Charges$373,275$405,592▲ $32,317
Land, Buildings, and Equipment, Net$75,656$55,535▼ $20,121
Total Assets$26,252,817$33,250,579▲ $6,997,762
Other Assets Total$736,808$3,511,528▲ $2,774,720
Liabilities
Grants Payable$4,052,366$4,510,160▲ $457,794
Other Liabilities$741,822$3,573,439▲ $2,831,617
Deferred Revenue$325,100$593,696▲ $268,596
Accounts Payable and Accrued Expenses$153,925$270,350▲ $116,425
Total Liabilities$5,273,213$8,947,645▲ $3,674,432
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,335,478$12,419,984▲ $1,084,506
Net Assets With Donor Restrictions$9,644,126$11,882,950▲ $2,238,824
Total Net Assets Fund Balance$20,979,604$24,302,934▲ $3,323,330
Total Liabilities and Net Assets / Fund Balance$26,252,817$33,250,579▲ $6,997,762

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$55,535$240,218$295,753
Other Assets Org$3,085,038--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$15,871,150$725,000▲ $2,385,711$190,000$18,663,972
2023$13,766,316$98,145▲ $2,335,618$195,000$15,871,150
2022$17,016,904$129,474▼ $3,026,047$210,000$13,766,316
2021$14,879,004$50,000▲ $2,418,480$184,407$17,016,904
2020$13,083,981$33,134▲ $1,885,595-$14,879,004
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Caitriona FottrellWorldwide President and CEOFT$375,000$48,636$423,636
Conall McgonagleChief Financial & Admin OfficerFT$298,307$68,055$366,362
Aine MallaghanVP of DevelopmentFT$189,923$33,128$223,051
Marjorie MuldowneyVP of DevelopmentFT$200,040$21,211$221,251
Rory MacintyreSVP & Chief of Staff (as of 08/2024)FT$158,117$20,950$179,067
Rachel AlabisoChief Communications OfficerFT$121,140$39,450$160,590
Christine MurphyFinancial ControllerFT$120,546$25,704$146,250

Board Members and Trustees

NameTitle
Eugene McquadeChair
Angela MooreVice-chair
Shaun KellyVice-chair
AMY O'DONNELL ROBERTIDirector
Adrian JonesDirector
Anne FinucaneDirector
Bartholomew MurphyDirector
Colin RyanDirector
Dolores MccallDirector
Edmund MurphyDirector
Ej FarrellDirector
Harry HartfordDirector
Irial FinanDirector
James RooneyDirector
John FitzpatrickDirector
Kate BartonDirector
Kenneth GormanDirector
Kevin CurleyDirector
Leslie King GrenierDirector
Liam CaseyDirector
Lore Moran DodgeDirector
Loretta Brennan GlucksmanDirector
MICHAEL O'HALLERANDirector
Matthew ShayDirector
Michael GallagherDirector
Michael HigginsDirector
Michael JacksonDirector
Michael McgavickDirector
Michele KesslerDirector
Patrick BroeDirector
RONALD O'HANLEYDirector
Robert ReynoldsDirector
Rory CameronDirector
Shane NaughtonDirector
Stephen WhyteDirector
Susan DavisDirector
Suzanne CorcoranDirector
Tara MccabeDirector
Thomas C QuickDirector
Thomas CoddDirector
Thomas QuinlanDirector
William MurphyDirector
William S MckiernanDirector
Maureen SullivanDirector (thru 04/2024)
ANTHONY O'REILLYDirector (thru 05/2024)
SHEILA O'MALLEY FUCHSSecretary
Christopher M CondronTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Grant ThorntonAccounting Services53 STATE STREET SUITE 1600, Boston, MA 02109$130,522
Carla CaponeEvent Planning1441 BROADWAY STE 6080, New York, NY 10018$129,718
Rsm US LLPIt Services5155 PAYSPHERE CIRCLE, Chicago, IL 60674$103,007
Revenue and Support

Revenue Composition

Contributions and Grants
$34,809,663
Program Service Revenue
$0
Investment Income
$1,968,769
Other Revenue
$-1,912,245
All Other Contributions
$27,617,565
Change in Net Assets
$2,708,766

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded20$3,897,368Fair Market Value (FMV)
Other Non Cash Contri Table68$138,610Fair Market Value (FMV)
Total Noncash Contributions88$4,035,978-

Audited Revenue Reconciliation

Revenue per Audited Statements
$34,738,298
Revenue Not Reported on Financial Statements
$127,889
Revenue Not Reported on Form 990
$619,564
Total Revenue per Audited Statements
$35,357,862
Total Revenue per Form 990
$34,866,187
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$26,867,499
Other Expenses$2,816,355
Salaries, Compensation, and Employee Benefits$2,461,567
Total Fundraising Expense$1,976,689
Professional Fundraising Fees$12,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$24,022,180--$24,022,180
Grants to Domestic Orgs$1,522,750--$1,522,750
Grants to Domestic Individuals$1,322,569--$1,322,569
Other Salaries and Wages$257,251$321,566$707,446$1,286,263
Current Officers, Directors, Trustees, and Key Employees$158,001$197,499$434,498$789,998
Conferences and Meetings$257,141-$110,203$367,344
Occupancy$44,014$77,025$99,032$220,071
Office Expenses$21,687$108,434$86,747$216,868
Fees for Services Legal$22,709$105,977$22,709$151,395
Fees for Services Accounting$21,372$99,735$21,372$142,479
Other Employee Benefits$28,046$35,058$77,128$140,232
Fees for Service Investment Mgmnt Fees-$127,889-$127,889
Payroll Taxes$25,383$31,729$69,803$126,915
Advertising$60,955$12,191$48,764$121,910
Pension Plan Contributions$23,632$29,540$64,987$118,159
Travel$21,363$21,363$64,088$106,814
Information Technology$20,488$40,976$40,976$102,440
Insurance-$37,474$12,491$49,965
All Other Expenses-$841$24,728$25,569
Depreciation Depletion-$11,099$11,099$22,198
Other Expenses$0$13,311$1,479$14,790
Fees for Services Professional Fundraising--$12,000$12,000
Total Functional Expenses$28,455,906$1,724,826$1,976,689$32,157,421

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$32,157,421
Total Expenses per Audited Statements$32,034,532
Expenses per Audited Statements$32,029,532
Expenses Not Reported on Financial Statements$127,889
Expenses Not Reported on Form 990$5,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Irish Arts CenterNew York, NY501(c)(3)Arts & Culture$638,750
Nyu Glucksman Ireland HouseNew York, NY501(c)(3)Education$366,500
Irish Repertory TheatreNew York, NY501(c)(3)Arts & Culture$148,000
American Irish Historical SocietyNew York, NY501(c)(3)Arts & Culture$110,000
New York Irish CenterLong Island City, NY501(c)(3)Community Development$65,000
African American Irish Diaspora NetworkWashington, DC501(c)(3)Community Development$25,000
CHILDREN'S MEDICAL RESEARCH FOUNDATION INCNew York, NY501(c)(3)Community Development$25,000
Eithne and Paddy Fitzpatrick Memorial FundNew York, NY501(c)(3)Community Development$16,000
The Barnstormers TheatreTamworth, NH501(c)(3)Arts & Culture$12,000
Origin Theatre Company IncNew York, NY501(c)(3)Arts & Culture$11,000
Best of the Batch FoundationMunhall, PA501(c)(3)Education$10,000
Boys and Girls Clubs of BostonBoston, MA501(c)(3)Community Development$10,000
Concern Worldwide USANew York, NY501(c)(3)Community Development$10,000
Irish Pastoral CentreDorchester, MA501(c)(3)Community Development$10,000
Nantucket Boys & Girls ClubNantucket, MA501(c)(3)Community Development$10,000
Ron Burton Training VillageHubbardston, MA501(c)(3)Community Development$10,000
Saint Teresa of Calcutta ParishDorchester, MA501(c)(3)Community Development$10,000
Irish American PartnershipBoston, MA501(c)(3)Education$7,500

International Summary

Offices
0
Employees
0
Spending
$24,022,180

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Grantmaking-00$24,014,730
East Asia and the PacificGrantmaking-00$7,450
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,242,744
Fundraising Gross Income$1,330,499
Professional Fundraising Fees$12,000

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Washington D.c. Gala$1,219,200$171,000$568,865$-397,865
Boston Gala$1,784,840$154,125$454,711$-300,586
Total Events$8,522,097$1,330,499$3,242,744$-1,912,245
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$3,088,002
Accrued Salaries$345,646
Other Accrued Expenses$139,791
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 review process the form 990 is compiled by management and prepared and signed by a tax advisory firm. A draft of the form 990 is presented to the audit committee by management and the paid preparer prior to being submitted to the board of directors for review and commentary. A copy of the form 990 as it is ultimately filed is provided to all members of the board prior to being electronically filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest policy monitoring & enforcement the conflict of interest policy requires that the board members and top management communicate to the organization if any conflict of interest arises by completing a conflict of interest questionnaire each year. Questionnaires are subject to review by the cfao and ceo, as applicable, to determine if a conflict exists. If a conflict arises, it is brought to the attention of the audit committee and subsequently to the entire board. The person with the conflict does not participate in the board discussion nor final decision regarding resolution of the conflict.”

Form 990, Part VI, Section B, Line 15A

“Process for determining compensation the ceo's compensation is subject to review and approval by the compensation committee, comprised of independent board members. Part of the review of the compensation committee includes an analysis of the ceo's compensation by an outside compensation consultant who researches and compares compensation data with like positions in similar organizations. The review by an outside compensation consultant is performed at least every 3 years. A recommendation is made by the consultant as to whether the proposed compensation is reasonable, taking into consideration the research conducted as well as comparisons to other nonprofit organizations. The analysis is then submitted to the complete board of directors for review and approval and contemporaneously documentated in the board minutes.”

Form 990, Part VI, Section C, Line 19

“How documents are made available to the public the governing documents and conflict of interest policy are available upon request. The financial statements are available on our website and upon request.”

Filing and Contact Details

Filer

Filer Name
The American Ireland Fund (dba the
EIN
25-1306992
Phone
6175740720
Address
10 POST OFFICE SQUARE N950, BOSTON, MA 02109

Signing Officer

Name
Conall Mcgonagle
Title
Cfao
Phone
6175740720
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Caitriona Fottrell
Formed
1976
Legal Domicile
Pa
Voting Board Members
45
Independent Board Members
45
Employees
18
Volunteers
82

Preparer

Firm
Grant Thornton Advisors LLC
Address
53 STATE STREET SUITE 1600, BOSTON, MA 02109
Preparer
Erin Couture
Phone
6177237900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Foreign exchange translation loss -159,988. Change in value of cash surrender value of life insurance -6,454. Rescinded grants 109,469.”

Financial Statement Notes

PART V, LINE 4:

“Endowment funds the fund's endowment consists of funds established for the purpose of creating encumbered and unencumbered funds. Over time, if the endowment grows to a sustainable size, the objective is that the unencumbered funds will provide annual monies to support the ongoing work of the american ireland fund in ireland and worldwide. The endowment includes both donor-restricted endowment funds and funds designated by the board of directors to function as quasi-endowments. The spending policy for the endowment fund requires that the fund (including board designated funds) reach a balance of $10 million prior to distribution of any earnings. The board approved the appropriation of $190,000 for use in operations in 2024.”

PART X, LINE 2:

“Asc 740 the fund is a not-for-profit organization as described in section 501(c)(3) of the code, as amended (the "code"), and is generally exempt from income taxes pursuant to section 501(a) of the code. The fund is required to assess uncertain income tax positions and has determined that there were no such positions that are material to the financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Foreign exchange translation loss -159,988. Change in value of cash surrender value of life insurance -6,454. Rescinded grants 109,469.”

The Foreign Exchange Loss Resulted From A Reduction on Value of Foreign

“Of foreign currency balances that the fund had on deposit during the year.”

Raw XML AppendixShowing 400 of 2,128 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0EDUCATION; COMMUNITY DEVELOPMENT; ARTS & CULTURE AND PEACE & (CONTINUED ON SCHEDULE O) RECONCILIATION PRIMARILY IN IRELAND.
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IRS990/Desc0THE AMERICAN IRELAND FUND MAKES GRANTS WORLDWIDE, FROM PROGRAMS IN IRISH COMMUNITIES TO CAUSES AROUND THE WORLD THAT PROMOTE PEACE AND RECONCILIATION IN NORTHERN IRELAND; SUPPORT EDUCATIONAL OPPORTUNITIES; INCREASE THE AWARENESS OF IRISH CULTURE; AND STRENGTHEN AND DEVELOP COMMUNITIES, PARTICULARLY FOR THE UNDERPRIVILEGED IN SOCIETY. THERE WERE 618 GRANTS TO 275 GRANT RECIPIENTS, TOTALING $26,867,499 DURING THE CALENDAR YEAR 2024.
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