"In the tender, published today, RTÉ states it is seeking a firm with in-depth charity and community sector knowledge to provide "philanthropy consultancy and grant distribution services", and "a flexible, agile and cost-effective approach to grant assessment and grant distribution"."
"The tender confirms that "the cost of grant distribution will be deducted from the fund". It says that, as the Toy Show Appeal fund is powered by public donation, "it is imperative that due regard for public trust and value for money is evident"."
"A spokesman for RTÉ said today that the tender is for an indicative period of up to five years - a three-year contract with an option for a further two - and the €855,000 quoted is the cumulative total estimated fee over that period."
"The report added that "the Appeal operates with maximum cost-efficiency, with just 3.3pc (€890,435) of total funds raised over the five years allocated to operating costs, significantly below sector norms"."
RTÉ seeks a firm with charity and community sector expertise to provide philanthropy consultancy and grant distribution services. The tender calls for a flexible, agile, and cost-effective approach to grant assessment and distribution. The cost of grant distribution will be deducted from the fund. Because the Toy Show Appeal is powered by public donation, due regard for public trust and value for money is required. The indicative contract period is up to five years, with a three-year contract and an option for two more years, and the cumulative estimated fee is €855,000. A Five-Year Impact report states RTÉ makes no deductions or fees from donations, while management costs are deducted at source. The Appeal has raised over €30m, with 96.7% disbursed to frontline children’s charities and 3.3% allocated to operating costs.
Read at Irish Independent
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