Dormant Accounts Action Plan 2026: €47 million in funding to help address disadvantage

Money in the Dormant Accounts Fund can be used to fund measures that address economic, social, or educational disadvantage and to support people with a disability. The 2026 Action Plan allocates funding of €46.97 million to 56 measures to be delivered across 11 Government Departments.

Minister Buttimer, TD, Minister of State at the Department of Rural and Community Development and the Gaeltacht, announced funding  on Monday, 24 November 2025 of just under €47 million from the Dormant Accounts Fund to address disadvantage right across the country.

In total, 56 different measures, to the value of €46.97 million will be supported under the 2026 Action Plan. Many measures have been funded in previous Action Plans and have now been approved for continued funding in 2026 to enable the measures to operate again next year. The majority of approved measures will progress in 2026, with each Government Department responsible for delivery of their own measures. Measures can progress over a number of years with funding drawn down from the Fund as spending is incurred.

A full list of measures to be funded under the 2026 Dormant Accounts Fund Action Plan is set out in the table below. They include –

  • €10 million for investment and actions aimed at improving participation in sports in disadvantage communities and for persons with disabilities.
  • €3 million for transitioning people from long term-term homeless into supported tenancies.
  • €3 million for youth and community justice services aimed at countering the influence and impacts of crime on young people and in communities.
  • €2 million to support social enterprises to address social and economic disadvantage
  • €1.4 million for a youth and family initiatives to provide young people with the soft skills needed to improve employability.

This Action Plan builds on previous plans and ensures continued support for individuals and organisations right across the country. Funding under the 2026 Action Plan has increased by 4.8% from 2025.

Background to the Dormant Accounts Fund

The Dormant Accounts Acts 2001-2012, together with the Unclaimed Life Assurance Policies Act 2003, provide a framework for the administration of unclaimed accounts in credit institutions (i.e. banks, building societies and An Post) and unclaimed life assurance policies in insurance undertakings.

The main purpose of the legislation is to reunite account or policy holders with their funds in credit institutions or insurance undertakings and in this regard, these bodies are required to take steps to identify and contact the owners of dormant accounts and unclaimed life assurance policies.

However, in order to utilise the unused funds the legislation also introduced a scheme for the disbursement of funds that are unlikely to be reclaimed from dormant accounts and unclaimed policies for the purposes of measures to assist:

  1. the personal and social development of persons who are economically or socially disadvantaged;
  2. the educational development of persons who are educationally disadvantaged or
  3. persons with a disability.

 

Summary Table of Dormant Accounts Fund Action Plan

The following table provides a summary of measures and allocated funding under the Action Plan 2026 to each relevant Government Department. Full details are available within the Action Plan itself.

Lead Department/Agency No. Description Max Allocation
Department of Rural & Community Development and the Gaeltacht
Social Enterprise Measure 2,000,000
Senior Alerts Scheme 2,100,000
Targeted Social Inclusion 779,930
Libraries-Skills for Life Initiative 150,000
Rethink Ireland 4,000,000
National Philanthropy Policy 2024-2028 1,500,000
Department of Housing, Local Government & Heritage
Housing First 3,000,000
Traveller Accommodation 620,000
Department of Justice, Home Affairs and Migration
Youth and Community Justice Services 3,000,000
Community Organisations – Criminal Justice Sector 300,000
Measures to support paths for Young people leaving detention or custody 521,000
Ballyfermot and Cherry Orchard funding 480,000
Community Based Health in Justice 455,648
Resources to inform and support children and those with literacy or language barriers to navigate family justice processes 720,000
Peer Mentoring – Criminal Justice Sector 360,000
Cuan’s preventative and protection work under the Third National Strategy on Domestic, Sexual and Gender-based Violence (DSGBV) 1,500,000
Ballymun Implementation Board (BIB) 200,000
Department of Social Protection
Family Carer Measure – Supporting Family Carers including Young Carers, & Former Carers to access employment and/or training and education supports 1,000,000
 

Department of Children, Disability and Equality

 

 

Care Support for Vulnerable in Society 1,720,000
Oberstown Detention Campus Training Initiatives 285,000
Traveller and/or Roma Community Initiatives 1,344,000
Youth and/or Family Initiatives 1,413,900
Disability Awareness Initiative 736,380
 

 

 

 

Department of Education and Youth

 

 

 

 

 

 

 

 

 

 

SEN learners transitions Pilot 400,000
Network for Teaching Entrepreneurship (NFTE) 300,000
Young Social Innovators 120,000
Time To Count 20,000
Experience Glasnevin 30,000
The B!G Idea 136,000
Roll out of City Connects NEIC sites 700,000
Saibhriú- Empowering learners with advanced abilities 150,000
Foróige-Leadership for Life Programme 270,000
St Agnes’ Community Centre for Music and the Arts 45,000
Anseo – An Actionable Attendance Tool for Schools 544,346
Towards Inclusion 150,000
Foróige – Digital Youth Work Programme 150,203
Foróige – Online Safety Programme 160,267
Supporting children and young people through GAA 100,000
The Health Alliance for Practice-based Professional Education and Engagement (HAPPEE) Project 130,000
Home visiting to support transitions to primary schools – DEIS Plus 100,000
Dun Laoghaire ETB (DDLETB) 405,000
National Youth Council of Ireland – Skills Summary Project 110,000
Target educational disadvantage among children and young people from the Traveller and Roma community 47,500
To promote school attendance, participation and retention 371,143
Department of Defence
Upgrading of the Civil Defence Fleet of Vehicle and Boat Fleet 400,000
Dormant Accounts funding to Veterans Associations 200,000
Sail Training Ireland 50,000
Department of Culture, Communications and Sport
Community Sport and Physical Activity Hubs 1,354,000
National Sport Education and Training Hub 1,950,000
Sports Measures for Disadvantaged Communities to Support the National Physical Activity Plan (NPAP) 6,696,000
Department of Further and Higher Education, Research, Innovation and Science

 

Traveller Apprenticeship Incentivisation Programme and Care Leavers Apprenticeship Incentivisation Programme 360,000
Student Accommodation Bursary for Traveller, Roma Communities and Care Leavers 500,000
Financial supports for learners on the P-TECH DABs Tertiary Degree Programme 602,500
Department of Enterprise, Tourism and Employment
Balance for Better Business 243,512
Department of Health
Improve access to healthcare services for the Roma population across all six HSE health regions 860,000
Ballymun Multidisciplinary School Team 1,125,000
TOTAL: €46,966,329
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.