Galway Hospice transferred €1.5 million of its fundraising income from 2022 to a reserve fund for the construction of a new hospice building.

The hospice also has €10 million of cash in the bank – some of which is for a new facility – but warned that it may not have enough funds for a new building after a site is found.

According to a report from the Board of Directors of Galway Hospice Foundation CLG (Company Limited by Guarantee) included in filings to the Companies Registration Office, there was just under €2.6m in fundraising income for 2022.

“The directors have agreed to transfer €1.5m of fundraising income to the capital development reserve to build the reserve required for the new hospice in Galway,” the report reads.

It added that the company is “in the early stages of planning to build a new facility . . . currently searching for a suitable site”.

“The company has ambitious plans to building a new enlarged world-class hospice facility in Galway to enhance patient care and meet the increasing demand for the company’s services.

“There is a risk that insufficient funding will be available to complete the construction of a new hospice once a site is sourced. The Board is liaising with the HSE in relation to funding this development along with continued increases in fundraising reserves for the capital project.”

The Directors’ report is included in the accounts for the year-ended December 2022 which were filed recently with the CRO.

Planning permission was sought in 2018 for the construction of a €20m hospice facility on the meadows near Merlin Park Hospital, but rejected by An Bord Pleanála as it was found to be in contravention of the Galway City Development Plan.
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