Niall Mellon Trust to build 3,500 homes this year
The charity — established by developer and entrepreneur, Niall Mellon — confirmed the targets yesterday as figures just filed to the Companies Office for the Irish arm of the charity, reported its income last year dropped by 46% from €7.89 million to €4.23m.
However, a spokeswoman for the NMTT said yesterday “as Niall Mellon effectively donated €1.9m himself in 2009…the real reduction in donations received in Ireland last year was about 25%”.
