Sinn Féin Funds case balance of the Central Fund in a trust in the High Court under the provisions of the Trustee Act, 1893; the balance was £8,663 12s. 2d., from which administrative costs were deducted. The Sinn Féin party lost support when Fianna Fáil was founded in 1926 by its most prominent members, including de Valera; it stopped contesting elections after September 1927. In 1938 it ceded symbolic control of the notionally still-extant Irish Republic to the IRA Army Council. When Eamonn Duggan died in 1936, Jennie Wyse Power became sole trustee of the Sinn Féin funds. Wyse Power died in 1941, and
Political funding in Ireland Political funding in Ireland Political funding in Ireland has re-emerged as an issue of public policy quite recently when in 2012 the Electoral Act of 1997 was amended to cover basic needs of transparency and control. Details about the sources of political funds are rather scarce. Based on the information published for 1998 Murphy and Farrell contend that Fianna Fáil and Sinn Féin were the parties which received the highest amounts of private funding. Fianna Fáil reported £432,501 and Sinn Féin total donations of £230,000. Whereas the bulk of the former funds were contributed by the business sector (e.g. hoteliers,