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"While giving credit to the private philanthropists he believes that the public sector can do a great deal to support them."
(Photo captioned: The Provost, Dr John Hegarty, and developer Bernard McNamara pictured at the 2007 announcement of the ‘Michael McNamara Professorship in Construction Innovation’ in the School of Engineering.)
(...Continued from page 12) “I wouldn’t underestimate the difficulty,” he adds, “of attracting the attention of somebody who has graduated ten years ago and now has all the cares of the world on his or her shoulders, which is why universities need to start when their would-be alumni are students.”
And what will make a graduate give back? “You would be looking at ways to give value back to the person who is contributing to you, and that value for a place like Trinity, while in some way intangible, is enormous,” he says. “Ultimately, I think it’s being part of the achievement, the contribution, and continuing involvement which you’re proud of. It’s a complex psychological exercise.”
However complex and difficult it is, the benefits of partnering resources from the public and private sectors are demonstrated by successful projects across Trinity College and Irish education as a whole. If the culture of ‘giving back’ to institutions by alumni and friends can continue to grow, then the ambition for educational excellence in Ireland can be fulfilled.
(Photo captioned: Chuck Feeney and Conor O’Clery.)
Former Taoiseach Bertie Ahern T.D. launched The Billionaire Who Wasn’t: How Chuck Feeney Secretly Made and Gave Away a Fortune by Conor O’Clery at the James Ussher Library at TCD on 3 September, 2007.
The book is a biography of Chuck Feeney, who was named in 1998 by Forbes magazine as the 23rd richest American. Feeney made his fortune as co-founder of Duty Free Shoppers, the world's largest duty-free retail chain. However, he has already transferred all his wealth to his foundation, Atlantic Philanthropies.
Trinity, along with all universities in Ireland, has greatly benefited from Atlantic Philanthropies’ giving. Many significant initiatives in Trinity, including the Ussher Library, were funded by Atlantic Philanthropies’ grants.
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