Philanthropist Chuck Feeney Winds Down ‘Giving While Living’

August / September 2012

Chuck Feeney, the Irish-American billionaire known for both his generosity and distaste for the limelight, has announced that he will bring his extraordinary charitable giving to a close by the end of 2016.

Feeney, who made his fortune as the co-founder of the Duty Free Shoppers Group, founded Atlantic Philanthropies in 1982 as a channel for his donations. Since then, he has given close to $5 billion in grants, a practice in line with his personal philosophy of “giving while living.”

He has given $1.25 billion to causes in Ireland, both North and South, particularly to universities and educational programs.

The announcement marks an effort to put the $1.83 billion in remaining funds to their most effective use, with $750 million already dedicated to existing projects. Atlantic Philanthropieswill then cease operations in 2020.

Feeney, who was inducted into the Irish America Hall of Fame in 2011, commented to the Irish Times “I particularly value the commitment and spirit of generosity among the many people I have come to know through Atlantic’s work across the island of Ireland. These are challenging times. I admire the resilience of the people on this island and remain optimistic for the future.”

Leave a Reply


More Articles

New Files Reveal Secret British Battle to Defeat Irish America

Documents reveal the British thinking in relation to the IRA ceasefire, the Adams visa, the MacBride Principles, and...


Peace Wall
Why Biden Should Appoint a
U.S. Envoy to Northern Ireland

By Niall O’Dowd, Publisher Irish America and President Joe Biden urgently need to reach out to unionism...


John Fitzpatrick

John Fitzpatrick is president and CEO of the Fitzpatrick Hotel Group, North America. He served as chairman of the...


Chuck Feeny

Chuck Feeney was never one for the limelight, but his selfless actions over the years have propelled him into it...