

It is accepted that on occasions an application may contain an element of private investment 'in kind'. For example, a number of private investors provide sports kit and equipment, employee's time, etc, to community sports projects (linked to their community based CSR or sponsorship objectives). Justification for 'in-kind' investment must be provided on an actual cost basis. For example, sports kit and equipment will only be assessed at manufacturing cost not retail value. However, it must be recognised that priority will be given to those applications where the private investor has made a direct financial contribution, specifically, money.
Events per se are not viewed as a high priority for match funding unless they can demonstrate how they increase participation, the coaching network and the quality/quantity of clubs. It is recognised that in some instances applicants will be able to identify sport development exit pathways post event, and demonstrate a measurable impact on participation. In these instances the Awards Panel will be given the opportunity to make appropriate funding decisions. However, it must be recognised that events are a low priority for Foundation funding.