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Fundraising is one of the key income sources for GAA clubs. Unlike most mainstream lenders, Community Finance Ireland takes fundraising and projected fundraising into account when considering applications for finance for GAA projects.

Our recent #Supporting Clubs On and Off the Pitch Webinars hosted by Aisling O’Reilly Off the Ball Sports Journalist and featuring some of the best GAA clubs in our communities, offered some really insightful and diverse ways that GAA clubs and volunteers are engaged in helping finance the ambition of their clubs and players.

Here are some of the innovative and most popular fundraising initiatives that are being delivered right across the island of Ireland. You may already have tried these in your club, or you may not but as everybody knows all ideas for financing and keeping the club open and vibrant are always welcome.

1. Club Lotto

Club Lotto remains a big earner for GAA clubs. When Covid struck, volunteers weren’t able to go door to door to sell tickets anymore and a number of clubs moved their lotto activity to online. As one of our clients Jim Codd from Ballyhea GAA in Munster told us, at times the Club Lotto can account for up to 30% of our income.

2. Coffee Mornings and Bake Sales

Who doesn’t love a delicious treat? Host a coffee morning and invite the local community to come along. From Rice Krispie squares and millionaire’s shortcake to cupcakes and brownies, everyone can bring along their baked goods to sell, with the profits going into the club’s coffers.

3. Fundraising Walks

During the pandemic, the activity that saw the biggest rise in participation was walking. As a result clients like Knockananna GAA (Co. Wicklow) and Kilcoo GAA (Co. Down) invested in off pitch facilities such as floodlit walkways. Our own Client Relationship Manager for Munster Nora Keogh said that sponsored fundraising walks are a great source of income for GAA clubs as well as great family events:

“My daughter’s football club in West Limerick has the sponsored walk back again this year. The kids are delighted to go out and get €2 off each of their relatives for taking part. It’s only a small amount but it all adds up. It’s great to see and it’s a great family event on the day.”- Nora Keogh, Community Finance Ireland.

4. Golf Classics

The GAA continue to use other sports outside the realm of Gaelic Games to assist with raising funds for their club. One example that our client Jim Codd at Ballyhea GAA referenced was that of a recent Golf Classic, where a combination of players or volunteers created golf teams to compete against each other with all funds raised going back into the club.

5. Strictly Come Dancing Competitions

Add some sequins and sparkle to your fundraising activity with a Strictly Come Dancing style competition. Pair your GAA players with local community volunteers and sell tickets for a weekly dance off to see who knows their sliotar from their salsa.

6. The 300 Club

After meeting with Community Finance Ireland and setting specific and realistic fundraising targets, Freddie McInerney from Newmarket-On-Fergus GAA Club in Co. Clare explains how they set up a 300 Club:  

“We created a 300 club. We got almost 300 people to sign up over a four year period in which we asked for a donation of €5 per week, €250 a year or a quarterly or sign up on direct debit. People were very generous with some offering €1,000 upfront. We created a team of eight people dedicated solely to this fundraising activity. There were two lads in particular – Thomas Reagan and Darren Dugan who went out and collected probably the bones of €100,000 themselves, talking to people, ringing people, cajoling people and getting them to bring money in. So, in the end we got an awful lot of people signed up.”- Freddie McInerney, Newmarket-On-Fergus GAA.

7. Family Fun Days

With many GAA clubs now the hub of most communities the ability to offer family fun days for their members and their wider community is now a reality. Bouncy castles, Mr Whippy vans, face-painting, arts and crafts and fun and games are almost as likely to be found as the footballs or hurls.

8. Car Boot Sale

It’s an oldie but a goodie, but with us all trying to repurpose or resell rather than put items in landfill the car boot sale is a fantastic way to raise funds as well as reduce waste.

9. Table Quiz

Hosting a table quiz is a simple but effective way to bring in some extra cash and a great way to add some entertainment to the line up at the club house bar. A simple eight round event can be used to test your membership’s knowledge on a variety of subject. Maybe even include a specialist round about your club’s history.

10. Scrap Metal Collections

Scrap metal is valuable in high quantities and rural clubs have been jumping on the opportunity for years. It’s easy to raise money by asking farmers and people in your village for their unwanted scrap metal at a collection point so it can then be sold on. It doesn’t cost the community anything and in fact you’re providing a service that they would otherwise have to pay for.

“When we started fundraising initially, we wanted to find things that are a negative cost to people, so we ran a scrap collection, initially that can bring anything from €2,000 to €10,000 depending on when you are running it and how much people have in their backyards that they want to get rid of.”- Jim Codd, Ballyhea GAA.

Our thanks to all the club members or volunteers who participated in our webinar series this summer and for sharing their insights and experience. If you missed these webinars, don’t worry- you can play them back here. In the meantime we speak finance, but we hear people. Click here and the local client to reach out to the local Client Relationship Manager in your area.

#Supporting Clubs On and Off the Pitch.

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Ireland has celebrated a summer of sporting success at national and international level, but when we look to the grassroots of our sporting heroes, we must see how much more we could achieve with investment in community facilities. That’s according to Community Finance Ireland, who today (23.09.21) launched a new €5 million fund offering social finance solutions to sports clubs across the island of Ireland.

The new fund will make flexible loans of €10,000-€500,000 available to sports organisations seeking to make a change in their local community whether that is to renovate changing or training facilities for their players and participants, or to improve local infrastructure that makes their club grounds more accessible for the local community.

The fund launched today at an online event, ‘Financial As Well As Physical Fitness Is Key To Success’, with panellists including Sinead Reel, Chairperson of Armagh Ladies’ GAA County Board, sports journalist with the Irish Times Joanne O’Riordan, and Irish Olympian Brendan Boyce who trains at the Community Finance Ireland funded Finn Valley Athletics Club in Donegal.

Speaking at the launch, Anne Graham, Community Finance Ireland Client Relationship Manager said:

“Our athletes have been blazing a trail across tracks, pitches and pools, and inspiring our next generation of sporting heroes. While it’s been a summer to celebrate, it’s also challenged all of us to consider how much more we could achieve, how much more support we could provide our aspiring Olympians or All-Stars, with greater investment in grassroots facilities and clubs.

Every community will be looking to their local pitch, climbing wall or tennis court to see where improvements can be made to upgrade equipment, develop more accessible and inclusive facilities, or perhaps to make the circuit around a pitch or track a safe public walkway for the community to keep active on those darker winter nights by installing floodlights.

Wherever a club sees an opportunity to invest in their local community, we want to put the power to make that change into their hands with fast, flexible, fair loans that can be used to bridge gaps in their funding, unlock drawdown of government grants, or provide much-needed project finance.

We work closely with sports clubs across the country, in fact they make up over a third of the organisations we work with, so we know what they need. We know that volunteers and board members aren’t in a position to provide personal guarantees, so we don’t ask for them; we know funding streams can be unpredictable, so we don’t change our interest rates or hand out penalties for early or lump-sum repayments”.

Anne Graham- Client Relationship Manager, Community Finance Ireland

Patsy McGonagle, Chairman of Finn Valley Athletics Club, worked with Community Finance Ireland to make essential improvements to their grounds in 2013.  He said:

“We’re providing a modern facility in an area where there’s very little opportunity. The mental impact that’s had on the community, the physical and social impact – it’s all positive. When there was a shortfall and we needed money, Community Finance Ireland’s welcome and their approach made it a win-win for us big time. They were very responsive, easy to work with. It was a great experience. The facility would not exist were we not to get that finance.”

Patsy McGonagle- Chairman, Finn Valley Athletics Club

Here’s What You Need to Know

1. What loan product types are available?

  • Short term bridging loans to facilitate retrospective drawing of grant support (interest only, plus grant upon redemption).
  • Longer term loans with bespoke repayment schedules.

2. What geography does the fund cover?

  • Northern Ireland, Ulster, Munster, Leinster and Connacht.

3. What is the loan range?

  • £10k – £500k (NI).
  • €10k – €500k (RoI).

4. What is the term range?

  • 1 month – 180 months.

5. What is the interest rate?

  • Maximum 6.25%*, calculated on a reducing balance.
  • *The lowest maximum rate across the island.

6. Is there an arrangement fee?

  • No*
  • *The only bridging product available across the entire island to do so.

7. What security is required?

  • None on bridging loans.
  • Most of our term loans are also unsecured.
  • No Personal Guarantees are required.

8. Is there an Early Repayment penalty?

  • No.

9. How long does a loan decision take?

  • 48 hours for any loan request of up to £/€200k once we have all of your final information.
  • Up to 4-6 weeks for loan request in excess of £/€200k.

10. How do I apply?

  • You can get started now by clicking here and completing an online application.
  • Or if you need to chat to us first click here and we will arrange a follow up call with either Phelim, Peter, Emmett, Barry, Nora or Anne depending on where you and your team are located.

Share this article:

Following a summer where local sporting heroes made their mark at national and international level, Community Finance Ireland has launched a £5 million fund aimed at sports clubs throughout the island of Ireland. 

The new fund will make flexible loans of £10,000-£500,000 available to sports organisations seeking to make a change in their local community whether that is to renovate changing or training facilities for their players and participants, or to improve local infrastructure that makes their club grounds more accessible for the local community.

The fund launched today at an online event, ‘Financial As Well As Physical Fitness Is Key To Success’, with panellists including Sinead Reel, Chairperson of Armagh Ladies’ GAA County Board, sports journalist for the Irish Times Joanne O’Riordan, and Irish Olympian Brendan Boyce who trains at the Community Finance Ireland funded Finn Valley Athletics Club in Donegal.

Speaking at the event, Phelim Sharvin, Head of Community Finance (NI) at Community Finance Ireland said:

“The considerable appetite for finance from the sports sector shows no signs of slowing down, with almost a third of queries to our website coming through from sports clubs . 

The success of NI sports people this summer has meant that there’s increasing demands on clubs who are experiencing growing membership and interest in their offerings.  We know that the flexibility of the loan terms, alongside the speedy decision-making process makes this an attractive product for sports clubs. 

With just over a third of loan applications last year coming from the sports sector, this is an area Community Finance Ireland know really well.  In the period June 2020-June 2021, queries from sports organisations were higher than ever with roughly a quarter of these approaches coming from Northern Ireland. Interest from GAA and football clubs continues to be strong, however we’re starting to see engagement from less traditional disciplines like gymnastics and cricket where increasing membership requires additional space and therefore investment in facilities.” 

Phelim Sharvin- Head of Community Finance (NI), Community Finance Ireland

Flight Gymnastics in County Antrim, a client of Community Finance Ireland since 2017, has experienced a 300%+ increase in membership in the past 24 months. Andrew O’Hare and Judith Hindes attribute recent growth in part to the Olympics, but more so coming out of lockdown and the need younger people have to develop much needed fundamental movement and social interaction skills greatly affected over the last 18 months.  

Andrew O’Hare from Flight Gymnastics said:

“We’ve been working with Community Finance Ireland since 2017, accessing finance for working capital and the installation of a specialist heating system in our premises. The relationship we have with the team means they know our business and how we work and the fast decision-making process means that we can be as flexible as possible in responding to the changing needs of our members.  Due to a significant increase in our membership base we’re currently looking at expanding our premises and we know that Community Finance Ireland understands how important this facility will be, not only to us but to our members and their families.”

Andrew O’Hare, Flight Gymnastics

Here’s What You Need to Know

1. What loan product types are available?

  • Short term bridging loans to facilitate retrospective drawing of grant support (interest only, plus grant upon redemption).
  • Longer term loans with bespoke repayment schedules.

2. What geography does the fund cover?

  • Northern Ireland, Ulster, Munster, Leinster and Connacht.

3. What is the loan range?

  • £10k – £500k (NI).
  • €10k – €500k (RoI).

4. What is the term range?

  • 1 month – 180 months.

5. What is the interest rate?

  • Maximum 6.25%*, calculated on a reducing balance.
  • *The lowest maximum rate across the island.

6. Is there an arrangement fee?

  • No*
  • *The only bridging product available across the entire island to do so.

7. What security is required?

  • None on bridging loans.
  • Most of our term loans are also unsecured.
  • No Personal Guarantees are required.

8. Is there an Early Repayment penalty?

  • No.

9. How long does a loan decision take?

  • 48 hours for any loan request of up to £/€200k once we have all of your final information.
  • Up to 4-6 weeks for loan request in excess of £/€200k.

10. How do I apply?

  • You can get started now by clicking here and completing an online application.
  • Or if you need to chat to us first click here and we will arrange a follow up call with either Phelim, Peter, Emmett, Barry, Nora or Anne depending on where you and your team are located.
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