Shauna Kavanagh Foundation Faces Strike‑Off Over Six Years of Unfiled Accounts

Business News

Shauna Kavanagh Foundation Faces Strike‑Off Over Six Years of Unfiled Accounts
Shauna Kavanagh Foundation, Brendan Kavanagh, Charity Compliance

The Wicklow‑based charity, run by entrepreneur Brendan Kavanagh, failed to file accounts from 2020 to 2026 and was listed for strike‑off. After receiving over 170 warning letters from the Charities Regulator, the organization finally filed overdue returns and the strike‑off notice was lifted. The foundation, originally named the Olive Foundation, is dedicated to supporting patients with long‑term illnesses such as cystic fibrosis.

Shauna Kavanagh Foundation, run by Wicklow-based businessman Brendan Kavanagh, failed to file accounts over six years Brendan Kavanagh. The charity filed overdue accounts and returns earlier this year and the strike-off notice was lifted.

Photograph: John OhleEarlier this year the Shauna Kavanagh Foundation company was listed for strike-off after it failed to file accounts for the last six years. The charity was formerly called the Olive Foundation after entrepreneur Brendan Kavanagh’s educational technology company. Olive supplies schools with laptops and tablets for students and has contracts with The charity was renamed after Kavanagh’s daughter Shauna, who died at the age of 30 in 2017 from cystic fibrosis.

Building tycoon Maurice Regan buys Meath castle that was former home of Duke of Wellington‘It was an absolute clanger’: Ex-Sinn Féin insider on Mary Lou, missteps and loss of momentum A number of investors and former Olive staff have said they have fundraised and donated to this charity, which aims to help people facing long-term hospital stays due to conditions such as cystic fibrosis. At his 60th birthday party last year, Kavanagh, whose other investments include Grinds360 and the sports app SocialTies, encouraged guests to donate to the SKF instead of giving him gifts.

Documents released under Freedom of Information laws show that between 2020 and 2026 the Charities Regulator wrote 172 warning letters or emails to SKF directors, including Kavanagh and his son Dylan. The first warning was issued in November 2020, warning that the SKF’s annual report was overdue by 10 months and that the charity risked “deregistration” for breaching the Charities Act.

The warning notices said it was an offence to miss annual filing deadlines and asked the charity to file its returns. The bulk of the letters were automated correspondence sent up to 2023. The charity filed overdue accounts and returns earlier this year after it was again quizzed by the regulator about its continuing noncompliance with the Charities Act.

On March 19th last, Philip O’Hanlon, from the regulator’s compliance team, wrote to the SKF to raise further concerns about the lack of an independent majority among SKF’s trustees. The letter pointed out that the Charities Governance Code recommended that trustees be independent and unrelated parties should form a majority on a board.

“In light of this, you may wish to review the composition of the board of trustees in line with best practice for charities. ” The registered trustees and directors of the charity remain Brendan Kavanagh, his son Dylan and Marcus Hammond, a director and executive within the Olive group of companies.

A “final warning” was issued to the charity on April 23rd, warning that the charity’s continuing failure to file up-to-date annual returns meant it was at risk of a criminal prosecution and that the trustees could face a €300,000 fine or 10 years’ imprisonment on conviction on indictment. Dylan Kavanagh responded to say the charity was working with accountants to file its overdue accounts. He said the trustees took their responsibilities seriously.

Its 2025 accounts showed income dropped from €42,542 in 2024 to €19,032 in 2025.

“Enforcement is a last resort, we give charities and charity trustees every reasonable opportunity to come into compliance,” the regulator said. Earlier this year, it said the charity had no employees and operates entirely on a voluntary basis. It said the filings in 2020 were disrupted by the Covid pandemic and then the death of John King, a solicitor and Olive executive who was the SKF’s company secretary until his death in May 2021.

Trump’s focus turns to Doonbeg as thousands in Dublin and Clare protest over visitTrump’s focus turns to Doonbeg as thousands in Dublin and Clare protest over visitTrump’s focus turns to Doonbeg as thousands in Dublin and Clare protest over visitIreland keeps good relations and Trump talks golf as both sides get what they want from visit

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

IrishTimes /  🏆 3. in İE

Shauna Kavanagh Foundation Brendan Kavanagh Charity Compliance Struck‑Off Notice Cystic Fibrosis Support

 

Ireland Latest News, Ireland Headlines

Similar News: You can also read news stories similar to this one that we have collected from other news sources.

Brendan Gleeson Joins Rose Byrne and Meghann Fahy in Psychological Thriller 'The Good Daughter'Brendan Gleeson Joins Rose Byrne and Meghann Fahy in Psychological Thriller 'The Good Daughter'Brendan Gleeson is set to star alongside Rose Byrne and Meghann Fahy in the psychological thriller 'The Good Daughter', coming to Sky and NOW in November. Based on Karin Slaughter's bestselling novel, the six-part series follows two estranged sisters, Charlotte and Samantha Quinn, who are forced to reunite after a shocking attack in their small town. The story delves into their fractured relationship and long-buried secrets, with Gleeson playing their father, Rusty. The first-look trailer teases a narrative filled with twists, dark revelations, and the complex dynamics of familial bonds.
Read more »

New York Billionaire Maurice Regan Acquires Dangan Castle Amid €250M Debts BuyoutNew York Billionaire Maurice Regan Acquires Dangan Castle Amid €250M Debts BuyoutNew York and Clonmel-based billionaire Maurice Regan has acquired the 18th-century Dangan Castle in Co. Meath as part of a €250 million deal to buy developer Gerry Gannon's debts from Nama. The castle, the childhood home of the Duke of Wellington, is currently in a ruinous state, and Regan is exploring options to prevent further degradation.
Read more »