Funding news

Changes planned for Lottery Funding - 20 May 2010

According to plans outlined by the new Culture secretary, sport, the arts and heritage will get more National Lottery funding, but less will go to the Big Lottery Fund.

Jeremy Hunt said: "The lottery was set up to fund grassroots initiatives, not as a pot of money for ministers to dip into. At times like this it is even more important to the arts, heritage and sports sectors which is why I am wasting no time in making these changes."

Hunt was keen to stress that he would be focused on the work of voluntary and community organisations.

"And, because I want to see a rise in the amount going to voluntary and community organisations, I will make sure that funds to that sector are protected with the Big Lottery Fund focusing its support exclusively on that sector."

Hunt also said arts and heritage would benefit by £50m a year each from changes to the share of cash allocated to them. Hunt also promised reform of the Gift Aid scheme, to make it simpler and less restrictive. However tax breaks for philanthropic giving, set-out in the 2004 Goodison Report, were not set as a priority.

Changes are due to be be done in stages with arts, heritage and sport receiving an increase to 18% in 2011-12 and then 20% the following year.

The full proposals are due to be announced soon, we will update are subscribers when these become available. Following these there will also be a three month consultation on the changes in the way Lottery cash is distributed.

For more information see the Charity Times Article.

More details are also available in the DCMS Press Release.