A six-figure funding injection from the International Fund for Ireland today safeguarded a £3million peace building initiative at the University of Ulster’s Magee Campus.

The announcement, made during President Bill Clinton’s visit to Londonderry/Derry, will see the peace-building organisation provide almost half of the endowment needed to establish the John Hume and Tip O’Neill Chair in Peace. In November 2011, the Fund awarded the initiative £1million and will now contribute a further £400,000 to ensure the project is not delayed or at risk of faltering.