Non-Profit Funding Flashcards

(7 cards)

1
Q

Donations

A

Donations for Sport development
- Car Wash, Raffle

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2
Q

Grants

A
  • Community Trusts (set criteria); only incorporated societies can apply.
  • Gaming Machines (pokies) Trusts, TAB, Lotto
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3
Q

Incorporated Society

A

Non-profit group with a common purpose & a minimum of 10 members
- A legal entity that can buy, lease, sell and rent property
- Anything owned is held by the society, not members
- Official set of rules; adhere to the agreements of the act

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4
Q

Community Trust Grant

A

Valuable source of income for sport orgs, programs and events.

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5
Q

Electronic Gaming Machines (pokies) Trust

A

40% of all pokies must be returned to the community. This comprises approximately 20%-40% of amateur sport club revenue in NZ
- Creates Moral Jeopardy

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6
Q

Moral Jeopardy through Gambling and Profits for Sport

A

Gambling is bad; accepting money for social/community good, on the other hand? If we take it away, would that help? Someone will just have that money otherwise. Sports Orgs are highly dependent on this revenue; However, it comes with a strong risk of gambling addiction

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7
Q
A
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