L15 Flashcards
what sectors get non-profit funding
public provision and volunteer
funding environment for non-profit sport in NZ
donations and grants
donations examples
Donations for sport development, e.g.
car wash, raffle revenue.
Any group or organisation can gather donations
grants examples
Community Trusts: e.g. Community Trust of Otago.
Gaming Machines (Pokie) Trusts, TAB, Lotto
Incorporated Societies only can apply
Otago community trust 4 goals in 1996
- empowered communities
- improved health and wellbeing
- increased access to opportunities
- thriving children and young people
gaming machine (pokie) trusts
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
lotto and sport funding
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.
what is moral jeopardy
(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)
adams thoughts on accepting money from gambling
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
barret and veal thoughts on gambling money
If we don’t take the money, someone else will …. (Barrett &
Veal, 2014).
community trust sale in 1996
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.
investment snapshot 2020
270.7M (-1.2%)
60% from overseas bonds
investment snapshot 2021
319M (+21.8%)
43% overseas bonds
investment snapshot 2023
284.9M (-2.5%)
42.7% global fixed interest
allocation of class 4 gaming machine gross proceeds.
40% to community
23% gaming duty
19.49% society expenses
16% max venue payments
1.51% problem gaming levy