The countdown to the end of financial year is now moving fast with June 30 just around the corner.
Typically, the month of June is the time where many community donors and philanthropists make their donations to the sports programs they support. Because from July 1, they will be able to lodge a tax receipt for their donations as part of their 2017-18 Tax Return.
Last year, one third of all financial year sports donations to the Sports Foundation were made in June, so now is the time to get active and remind your supporters of the need for donations to support your club project.
Remind these supporters of your project details, the funds required to meet the need and any timeline deadline that has been identified.
Don’t fall into the trap of thinking people mostly donate to peak and professional sports clubs and organisations.
In 2017-18, 61% of all donations to the Sports Foundation were made to grassroots sports. This was 22% higher than in 2016-17. It was the first time in the Sports Foundation’s history that grassroots sports and clubs received the highest number of donations.
Also remember that donations are not limited to money. Donations of sports goods, equipment, memorabilia and historical items are all accepted.
The Sports Foundation has previously received a donated yacht for sailing training, a car to be auctioned at a fundraising night, and memorabilia donated to an AFL museum. But importantly, these donated gifts must be made voluntarily and unconditionally with the donor not receiving material benefits in return.
Summer sports clubs, such as cricket, baseball and softball clubs, can most immediately benefit from an active fundraising campaign leading into June 30.
By raising targeted funds before end of the financial year, summer sports clubs can buy equipment in July and August and have it available when the summer season starts in late September/early October.
And the same applies to athletes who have individual fundraising projects with the Sports Foundation. Think ahead about what gear is needed, how much travel you intend to undertake, and the budget required over the next 12 months to ensure that you can reach your athletic potential.
If you are not emotionally attached to a specific sport or club, but you are a donor who loves sport in general, the Sports Foundation operates its national small grants program known as Giving4Grassroots™.
The G4G™ program awards grants of between $2,500 and $10,000 to selected not-for-profit grassroots clubs and organisations.
These grants make an enormous difference within small community sports clubs and organisations. Apart from the obvious health and social benefits sport provides children and adults of all ages and gender, they also promote more inclusive societies regardless of culture, ability, ethnicity or religion.
To learn more about the Sports Foundation, or to donate to G4G™, go to www.sportsfoundation.org.au
So, in summary, make the final weeks of the 2017-18 financial year count. If you or your club has any questions, call us on (02) 6214 7868. We will be only too happy to receive your call and assist.
Good luck and happy EOFY fundraising.
National Sales and Partnership Manager