I am delighted to be able to welcome you to basis.point.
basis.point is the Irish Fund Industry’s initiative to come together to help make a difference to those in need. Established in 2013, the basis.point vision is to help make a sustainable and tangible difference to the lives of disadvantaged youths through educational programmes, by supporting established Irish registered charities.
basis.point is an official charity of Irish Funds and is supported by service providers, professional firms, independent directors and promoters of the Irish investment fund industry. basis.point is supported by a very large voluntary effort from individuals and companies from all sectors of the industry supporting our board of directors, six committees and a steering group which meets monthly.
What we do
basis.point has to date made commitments totalling over €820,000 to six grantee partners:
- the Archways basis.point Programme Delivering Incredible Years® (IY) and Mentoring for Achievement (MAP) in Disadvantaged areas of Dublin, Cork and Limerick seeks to improve the lives of children with emotional, social and behavioural difficulties through collaborative classroom and home intervention. The IY programme is aimed at children aged 4 – 8 years and the MAP programme at children aged 10 – 16 years. These evidence based programmes have had a positive impact on the children themselves, their family, friends and school friends and, ultimately, on society as a whole.
- the ELI basis.point Programme Supporting the pre-school education of Dublin and Limerick’s inner city children supports parents, communities and schools in the education of children. The Parent Child Home Programme (PCHP) is a proven literacy, numeracy and oral language child and parent programme delivered in their homes by trained home visitors for pre-school children (ages 18 months to 3 years) and which prepares them to succeed academically.
- the Suas basis.point Numeracy Programme Delivering a pilot numeracy programme into disadvantaged and under-resourced communities in Dublin is facilitating the design, delivery and evaluation of an innovative numeracy programme for children aged between 8 and 14 in disadvantaged schools and communities in Dublin. Subject to a successful pilot, this programme offers basis.point the opportunity to provide additional support in subsequent years in rolling out a nationwide numeracy programme.
- the Foróige basis.point Programme Enabling young people to reach their full potential in Cork will enable the Network for Teaching Entrepreneurship Programme (NFTE) to be provided to young people from low income communities in Cork for the first time. NFTE is a cutting edge, world recognised, youth entrepreneurship education and development programme. It develops young people’s entrepreneurial skills and provides them with the opportunity to set up their own unique business.
- the BITC basis.point Student Mentoring Programme aims to impact on Ireland’s school retention rate. Many of Ireland’s young people do not have the support in their families to encourage them to continue their studies, complete school and consider the many options open to them. This programme which is provided in Dublin, Cork and Limerick provides a network of mentoring support that enables them to consider what they would like to do when they leave school. Additionally a brand new mentoring alumni is being established with this grant from basis.point so that students have an ongoing supportive network to assist them after they have left school.
- the DIT Foundation basis.point Junior Cycle Workshop Programme is a university outreach programme for students aged 13 – 15 years of age. The programme introduces students to the concept and reality of a third level educational institution and develops awareness at an early age of the benefits of a third level education. The programme supports the expansion of DIT’s existing junior workshop programme on a phased basis from 4 DEIS schools to 10 additional DEIS schools in inner-city Dublin over the next three years.
Through the grants provided, basis.point aims to significantly increase the educational capital and life chances for young people from areas of historical disadvantage. The programmes enable the young recipients to develop the skills and attitudes necessary to work towards a better future for themselves and their families.
Making an impact
In 2016 year basis.point commissioned an independent evaluation by Genio, to measure the impact of our first two grants and the results were very positive. In particular the evaluation found that “the basis.point strategy, of funding well-established organisations, implementing evidence-based interventions with high fidelity, has produced a high level of impact in a short space of time with a relatively modest amount of funding. This is a sound investment strategy which yields high impact relatively quickly”.
The announcement earlier this year by the Government to roll out the Archways Incredible Years program to over 900 disadvantaged schools greatly endorses our work and that of our selection process. The Incredible Years programme, delivered by Archways, is a behavioural management intervention programme and was the recipient of our first grant. We have been proudly supporting the program since 2015 delivering it in Dublin, Limerick and Cork.
‘joined up giving’ makes a difference
Basis.point operates a Patron and Supporter funding model whereby individuals and corporates commit a fixed annual donation which enables us to make multi-year grants to deserving educational programmes. In addition to the Patron and Supporter model, we also enter into discrete Partner Programmes with large donors who co-fund with us specific programmes. We have built up an annualised donation run rate in excess of €350,000 which we are delighted with.
100% of all donations received go directly to our grant initiatives. We’re able to do this by the tremendous pro-bono contribution from our volunteers and by organising several awareness events, the net proceeds of which help to defray all operational expenditures that arise throughout the year.
You can help by becoming a Patron or Supporter, entering a Partner Programme with us or volunteering to help us continue our efforts at achieving real sustainable benefits for the children and the communities we support. basis.point can only make a difference to the extent it is supported and so I urge everyone who has a stake in Ireland’s success as a premier global fund hub to get involved.