L15 Flashcards

1
Q

what sectors get non-profit funding

A

public provision and volunteer

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2
Q

funding environment for non-profit sport in NZ

A

donations and grants

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3
Q

donations examples

A

Donations for sport development, e.g.
car wash, raffle revenue.
Any group or organisation can gather donations

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4
Q

grants examples

A

Community Trusts: e.g. Community Trust of Otago.
Gaming Machines (Pokie) Trusts, TAB, Lotto
Incorporated Societies only can apply

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5
Q

Otago community trust 4 goals in 1996

A
  1. empowered communities
  2. improved health and wellbeing
  3. increased access to opportunities
  4. thriving children and young people
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6
Q

gaming machine (pokie) trusts

A

35 gaming machine societies.
40% of all revenue must be returned to community = approx 20-40% of amateur sport club revenue.
approx $260m returned to community ~$100m to sport per year

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7
Q

lotto and sport funding

A

gambling act 2003: all profits go to community.
include non-sport organisations, e.g. support for volunteering fund, community org grants fund.
1/6 of all profits go to sport NZ = $75m in 2023.

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8
Q

what is moral jeopardy

A

(adams) “Generated when individuals or organizations opt to accept the proceeds from addictive consumptions in ways
that generate real or perceived conflicts of interests that in
turn jeopardize their purpose, autonomy or integrity”
(Adams, 2016, p.40)

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9
Q

adams thoughts on accepting money from gambling

A

Gambling might be a social ‘bad’ but accepting money
from it doesn’t mean we support it and we’re doing a
social ‘good’ sport

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10
Q

barret and veal thoughts on gambling money

A

If we don’t take the money, someone else will …. (Barrett &
Veal, 2014).

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11
Q

community trust sale in 1996

A

Bank get bought. Lot of account funds that get forgot bout. Residue from the sale went into the trusts to develop community projects.

They invest and the investment is given to people as grants.

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12
Q

investment snapshot 2020

A

270.7M (-1.2%)
60% from overseas bonds

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13
Q

investment snapshot 2021

A

319M (+21.8%)
43% overseas bonds

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14
Q

investment snapshot 2023

A

284.9M (-2.5%)
42.7% global fixed interest

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15
Q

allocation of class 4 gaming machine gross proceeds.

A

40% to community
23% gaming duty
19.49% society expenses
16% max venue payments
1.51% problem gaming levy

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