A cheque for €48,000 was presented to charities and local groups on behalf of the Ring of Beara Cycle that took place on 27th May 2023. The event prides itself on the contribution it makes to local charities and the positive impact it has on the local community. 

The annual donation is distributed amongst local groups who each get an allocation from the total amount raised, and in 2023 the beneficiaries were Castletownbere Development Association, local schools and youth groups on the Beara Peninsula, Kenmare Special Needs Group, Kenmare Family Resource Centre, Kenmare Palliative Care Group and St John of Gods.