Minister Joe O’Brien Publishes the Dormant Accounts Fund Annual Report 2022

28th June, 2023

  • €54.6 million spent in 2022 to help address disadvantage

 

Joe O’Brien, T.D., Minister of State at the Department of Rural and Community Development, today (28th June 2023) published the 2022 Dormant Accounts Fund Annual Report.

 

Money in the Dormant Accounts Fund can be used to fund measures that address economic, social, or educational disadvantage and to support people with a disability. The 2022 Annual Report details that expenditure on Dormant Accounts measures over the year amounted to €54.6 million across 10 Government Departments.

 

Three case studies of measures supported in 2022 are included in the report:

 

  • Works Jigsaw School Hub – €20,000 was provided to develop the Jigsaw School Hub which is an interactive online platform that strives to provide teachers and school staff with easily accessible, mental health resources and material for use in the classroom. This now provides a valuable resource to help schools and teachers in supporting mental health and wellbeing in schools, with the platform having over 13,000 users in 2022.

 

  • STEPS+ in Oberstown Campus (Skills, Training, Education, Person-Centred, Support) – The Dormant Accounts Fund provided €364,000 in funding to support initiatives in the Oberstown Campus in 2022. One focus is on career guidance and development, which the STEPS+ (Skills, Training, Education, Person Centred Support) programme supports.

 

  • Cherry Orchard Equine Centre – The Centre received €123,200 from the Department of Rural and Community Development to address disadvantage in 2022. The funding for the Equine Centre has assisted the financial sustainability of a vital community resource and centre and supported multiple events taking place in 2022.

 

 

Publishing the Annual Report today, Minister O’Brien said:

 

“I am delighted to publish the Dormant Accounts Fund Annual Report 2022 which shows that funding of over €54 million was provided in 2022 to help address disadvantage right across Ireland. The 46 measures included in the report were implemented across Government and have helped to address a diverse range of issues such as providing programmes to support children and youths; prisoners; carers; victims of crime; people suffering from dementia; homelessness; and marginalised groups such as the Traveller and Roma Community.”

 

The Minister continued:

 

“Dormant Accounts funding makes a real difference to individuals and communities right across the country. It is helping vulnerable individuals, supporting social inclusion, and strengthening our communities. I am particularly happy to see a continued focus in 2022 on assisting the Traveller and Roma communities, for example Department of Education and the Department of Children, Equality, Disability, Integration and Youth initiatives for that community.”

 

 

The Dormant Account Fund Annual Report 2022 is available to view here

 

ENDS

 

Contact:

The Department of Rural and Community Development Press Office

01-773 6843 / 087-1734633

Press.office@drcd.gov.ie

 

Notes to editors:

 

Total expenditure from Dormant Account Fund in 2022 was €54.6 million for 46 measures across 10 Departments. The Annual Report provides information on these measures and also detailed three case studies of measures/projects funding in 2022.

Expenditure occurred across a range of Departments, funding measures to support children and youths; prisoners; carers; victims of crime; people suffering from dementia; homelessness; and marginalised groups such as the Traveller and Roma Community.

 

Case Studies

 

The Annual Report contain three case studies outlined below:

 

Case Study 1: What Works Jigsaw School Hub

25 organisations shared €400,000 in funding in 2022 under the What Works Sharing Knowledge Fund (delivered by the Department of Children, Equality, Diversity, Integration and Youth). As part of this

€20,000 was provided to develop the Jigsaw School Hub which is an interactive online platform that strives to provide teachers and school staff with easily accessible, high quality, clinically informed, an evidence driven mental health resources and material for use in the classroom. This now provides a valuable resource to help schools and teachers in supporting mental health and wellbeing in schools, with the platform having over 13,000 users in 2022

 

Case Study 2: STEPS+ in Oberstown Campus (Skills, Training, Education, Person-Centred, Support)

The Dormant Accounts Fund provided €364,000 in funding to support initiatives in the Oberstown Campus in 2022. One focus is on career guidance and development, which the STEPS+ (Skills, Training, Education, Person Centred Support) programme supports. This is a three year pilot which has been designed and developed by guidance counsellors in consultation with young people and staff across the Oberstown Campus. As part of this a platform has been developed which helps track and support individual interventions and supports for the young people, with the objective of assisting their development and future careers.

 

Case Study 3: Cherry Orchard Equine Centre

Cherry Orchard Equine Centre received €123,200 in funding under the Department of Rural and Community Development’s targeted social inclusion measures, which provided a total of €728,000 in support for community organisations addressing disadvantage in 2022. The funding for the Equine Centre has assisted the financial sustainability of a vital community resource and centre and supported multiple events taking place in 2022, including community events, cultural events, Easter activities for children and an equine open day which included a focus on career opportunities.

 

Background to the Dormant Accounts Fund

The Dormant Accounts Acts 2001-2012, together with the Unclaimed Life Assurance Policies Act 2003, provide a framework for the administration of unclaimed accounts in credit institutions (i.e. banks, building societies and An Post) and unclaimed life assurance policies in insurance undertakings.

The main purpose of the legislation is to reunite account or policy holders with their funds in credit institutions or insurance undertakings and in this regard, these bodies are required to take steps to identify and contact the owners of dormant accounts and unclaimed life assurance policies.

However, in order to utilise the unused funds the legislation also introduced a scheme for the disbursement of funds that are unlikely to be reclaimed from dormant accounts and unclaimed policies for the purposes of measures to assist:

  1. the personal and social development of persons who are economically or socially disadvantaged;
  2. the educational development of persons who are educationally disadvantaged or
  3. persons with a disability.

 

Summary Table of Dormant Accounts Fund Annual Report 2022

The following table provides a summary of measures and funding provided in 2022 to each relevant Government Department. Full details are within the Annual Report itself.

No. Government Department Measure Disbursed from DAF in 2022 (€)
1 Rural & Community Development Social Enterprise Measure 2,300,000
2 Rural & Community Development Senior Alerts Scheme 3,000,000
3 Rural & Community Development Targeted Social Inclusion 728,538
4 Rural & Community Development Pre-social Social Cohesion 125,021
5 Rural & Community Development Public Libraries 448,031
6 Rural & Community Development Participation and Engagement by marginalised and disadvantaged communities in the Local Economic and Community Planning (LECP) Process. 200,000
7 Rural & Community Development Rethink Ireland 5,500,000
8 Department of Housing, Local Government and Heritage Housing First 3,000,000
9 Department of Housing, Local Government and Heritage Traveller Accommodation 288,072
10 Department of Justice Local Community Safety pilot projects completion 445,923
11 Department of Justice Drogheda Implementation Plan Year 2 242,518
12 Department of Justice Youth and Community Justice Services 4,932,748
13 Department of Justice Irish Prison Service: Community Based Health in Justice 269,694
14 Department of Justice Protecting Young People from the Influence of Adult Crime Networks in Ireland 1,426,000
15 Department of Justice Consent Campaign 300,000
16 Department of Justice Victim Rights Campaign 499,999
17 Department of Justice Intimate Images Campaign 299,316
18 Department of Justice Further Education & Training Consent Campaign 151,200
19 Department of Justice Adventure Sports Project 30,000
20 Department of Justice We Have a Dream 120,000
21 Department of Justice Kickstart Social Enterprise Kickstart 613,400
22 Department of Social Protection Support Employment, Education and Training Outcomes for People with a Disability and Family Carers 3,980,000
23 Children, Equality, Disability, Integration and Youth Care Supports 1,198,612
24 Children, Equality, Disability, Integration and Youth Oberstown Detention Campus Training Initiatives 364,000
25 Children, Equality, Disability, Integration and Youth Traveller and/or Roma Community Initiatives 1,021,200
26 Children, Equality, Disability, Integration and Youth Youth and/or Family Initiatives 6,926,698
27 Children, Equality, Disability, Integration and Youth Refugees Support Initiatives 800,000
28 Children, Equality, Disability, Integration and Youth Babies and/or Young Children 204,000
29 Department of Education Network for Teaching Entrepreneurship (NFTE) 300,000
30 Department of Education Young Social Innovators 180,000
31 Department of Education CDETB Migrant Integration 115,000
32 Department of Education City Connects Pilot Project 400,000
33 Department of Education Travellers and Roma Education Fund 340,000
34 Department of Education Traveller & Roma Learners Transition 100,000
35 Department of Education Time to Count 20,000
36 Department of Education Glasnevin Trust 20,000
37 Department of Education SEN Transitions 150,000
38 Department of Defence Upgrading of the Civil Defence Fleet of Vehicles 818,099
39 Department of Defence Dormant Accounts funding to Veterans Associations 115,365
40 Department of Defence Sail Training Ireland 50,000
41 Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media Community Sport and Physical Activity Hubs 2,170,200
42 Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media National Sport Education and Training Hub 2,474,400
43 Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media Sports Measures for Disadvantaged Communities to Support the National Physical Activity Plan (NPAP) 7,355,400
44 Department of Further and Higher Education, Research and Innovation and Science Traveller Apprenticeship Incentivisation Programme 450,000
45 Department of Health Pilot rollout of the carer’s needs assessment tool 31,694
46 Department of Health National rollout of dementia training programme for HSE home care staff 76,548
Total     54,581,676