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| Atlantic Philanthropies' Chuck Feeney in NI grants | |
| (about 1 hour later) | |
| A US billionaire philanthropist is providing grants in Northern Ireland for dementia care, shared education and early years learning. | A US billionaire philanthropist is providing grants in Northern Ireland for dementia care, shared education and early years learning. |
| Additional matched funding will be provided by Stormont departments. | Additional matched funding will be provided by Stormont departments. |
| Details of the money, expected to be in the region of £60m, will be confirmed by the first and deputy first minister on Wednesday. | Details of the money, expected to be in the region of £60m, will be confirmed by the first and deputy first minister on Wednesday. |
| It is thought half of this will come from Atlantic Philanthropies, set up by Chuck Feeney. | It is thought half of this will come from Atlantic Philanthropies, set up by Chuck Feeney. |
| The Irish-American made his money in duty free shopping, and pledged to give away his entire fortune in his own lifetime. | The Irish-American made his money in duty free shopping, and pledged to give away his entire fortune in his own lifetime. |
| Over 30 years, his foundation has given $6.5bn to help disadvantaged and vulnerable people. | Over 30 years, his foundation has given $6.5bn to help disadvantaged and vulnerable people. |
| Atlantic Philanthropies is now making a final round of grants. | Atlantic Philanthropies is now making a final round of grants. |
| Last month, the foundation gave almost 15m euros for dementia care and research in the Republic of Ireland, matched by the government. | Last month, the foundation gave almost 15m euros for dementia care and research in the Republic of Ireland, matched by the government. |