SUPPORTING SPECIAL OLYMPICS
Special Olympics benefits from new funding rules
Special Olympics New Zealand and NZCT have broken new ground by entering a three-year funding agreement.
NZCT has been a long-time supporter of Special Olympics New Zealand, which provides a year-round programme of sports training and competition for children and adults with intellectual disabilities. More than 6000 athletes throughout the country train and compete in 13 different Olympic-type summer and winter sports across 48 Clubs.
Until recently Special Olympics had to apply annually for financial support from NZCT. Following the introduction of the Gambling (Class 4 Net Proceeds) Amendment Regulations 2011, however, NZCT was able to offer Special Olympics long-term financial support, as long as certain criteria were met and outcomes were achieved.
“Special Olympics is delighted with this funding agreement. As a not-for-profit organisation, funding is always top of mind. This multi-year agreement is a first for both our organisations. At an operational level it has provided a sense of security for Special Olympics and has certainly cemented our relationship with NZCT,” says Kathy Gibson, Chief Executive Officer of Special Olympics New Zealand.
Under the agreement NZCT will provide $225,000 p.a. to Special Olympics New Zealand for three years. This will go towards funding Special Olympics New Zealand’s National Sports & Coaching Director, and its eight Regional Sports Coordinators who oversee the organisation’s secondary schools sports programme and Club activities.
“These positions are vital to Special Olympics New Zealand. The individuals play an instrumental role in coordinating the training programmes of thousands of our athletes, and organising hundreds of events throughout the year regionally,” says Mrs Gibson.
According to NZCT’s Chief Executive Mike Knell, the new funding model enables the trust to further benefit the community at a local level.
“NZCT has a strong commitment to returning funds locally. Our venues are located in the regions where Special Olympics provides its sporting events,” says Mr Knell.
“NZCT helps sports organisations across the country deliver coaching and development programmes. Special Olympics New Zealand has a proven track record in this area and is continually developing its coaching frameworks. We are happy to help them see their goals to fruition with secure funding in place.”
