Following the amalgamation of Chartered Accountants Ireland and CPA Ireland on 1 September 2024, the Directors of Chartered Accountants Support Designated Activity Company (CA Support) and the Institute of Certified Public Accountants in Ireland Benevolent Fund Company Limited by Guarantee (CPA Benevolent Fund) are pleased to announce the successful completion of a contractual asset transfer agreement.
Under this agreement, the assets of the CPA Benevolent Fund, totalling €620,000, will transfer to CA Support. Once all regulatory requirements are met, the CPA Benevolent Fund will be formally wound up and deregistered as a registered charity.
CA Support, a registered charity, offers emergency financial support and advice to members, students and families of the Institute. Founded in 1928, CA Support has evolved to meet the changing needs of the accounting community, providing a vital safety net for those experiencing personal situations and circumstances that have affected their earning ability.
This transfer will further advance the operations and mission of CA Support for the benefit of all members, enabling it to expand its reach and impact across the growing membership base.
Lorretta Lee, Chair of CA Support, commented:
“The amalgamation of these two vital charities allows us to enhance our ability to help those in need within our expanding chartered community. As chair of CA Support, I would like to extend my gratitude to the directors of both CA Support and CPA Benevolent Fund, as well as the Institute and legal entities, for their diligence and commitment in managing this transition.”
Michael Dolan, Chair of the CPA Benevolent Fund, added:
“I would like to thank my fellow Directors for their voluntary service to the Fund over many years and their unwavering support for this amalgamation of both benevolent funds which strengthens the charitable purpose of CA Support.”
Pictured are representatives from CA Support and CPA Benevevolent Fund:
(L-R): Front row - Eamonn Siggins (Institute’s Chief Integration Officer), Pamela McCreedy (Institute President), Loretta Lee (CA Support Chair), Michael Dolan (Chair of the CPA Benevolent Fund)
Back row: Dee France (CA Support Manager), Cáit Carmody (CA Support Secretary), Rosemary Keogh (Institute CEO), Clodagh Henehan (Past President CPA Ireland), Nano Brennan (CPA Benevolent Fund Director)
If you’d like to support the work of CA Support, donations can be made through our website or via our iDonate page.
For more information, please contact:
Dee France, CA Support Manager
E: dee.france@charteredaccountants.ie
T: +35316377342
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