The Residential Institutions Statutory Fund Act, 2012 sets out the role and functions of the Board as well as its composition, selection and length of term of Board members.
Members are not paid for being on the Board.
You can view all Board minutes here
Role and functions
The Board is responsible for ensuring that Caranua (RISF) is successful in improving the quality of life of former residents and implementing other functions as set out in the legislation.
While the Board sets the scope of the assistance to be provided including criteria, the executive will be responsible for assessing and making decisions on applications.
Composition
There are nine members, including an independent Chair, all of whom are appointed by the Minister. Four members are former residents. The remainder are selected for relevant skills and experience in areas of relevance to RISF including financial management and service delivery.
Selection
Board members are selected by the Minister following a public recruitment process managed by the Public Appointments Service, the body responsible for managing recruitment to the civil and public service in Ireland.
The Minister for Education and Skills, Richard Bruton, T.D., today (29th May 2017) announced appointments to the Board of Caranua (the Residential Institutions Statutory Fund) for 2017 – 2021.
Caranua is a Statutory Body with the structure and functions set out in the Residential Institutions Statutory Fund Act 2012, with a 9 member Board which must include 4 former residents.
The Board of Caranua oversees the use of the cash contributions of up to €110 million pledged by the religious congregations to support the needs of some 15,000 survivors of residential institutional child abuse. These survivors have received awards from the Residential Institutions Redress Board or equivalent court awards.
The support to be provided will include a range of approved services, including health and personal social services, education and housing services. To date €97.3m in cash contributions and associated interest have been received and the balance of the €110m is expected to be received by end 2018.
The Board members are appointed for a four year term of office, commencing on 24 May, 2017. The positions are not remunerated.
Mr. David O’Callaghan, Mrs. Frances Harrington, Ms. Katherine Finn, Mr. Damian Casey and Mr. Thomas Daly have been re-appointed to the Board, all having served one term, or part thereof, on the previous Board.
The Minister welcomed the appointments and wished all members well in the in their important and challenging role.
Term of office
A Board member can serve on the Board for four years. After this time he or she must stand down but can be put forward for another term.
Board Members