The following Guest Post on a recent High Court decision is by Des McDermott. Des is an economics graduate of UCD, holds an MBA from TCD and is currently a student at King’s Inns.
The doctrine of cy-près is best known as a Court-approved saviour of donors’ charitable gifts. It typically applies where the unpredictable unfolding of time brings once-worthy intentions close to defeat, risking the loss of the funds. Cy-près expands trustees’ freedom of action, otherwise constrained by impossible or impracticable restrictions, and allows the use of funds for other charitable purposes as near as possible to those originally intended.
The cy-près doctrine has now been invoked to rescue a charitable trustee from a complete breakdown of its services. In Cheshire Foundation in Ireland v. Attorney General, [2011] IEHC 419, the High Court granted a charity’s application to use €2.8m of restricted funds for its general charitable purposes. In so doing, the Court allowed money originally meant for narrower objects to be applied to a broader goal: the future financial viability of the charity of itself.
… keep reading Guest Post: Notes on Cheshire Foundation v. Attorney General


