Call for sports to seek new fund sources

Australian sports will be asked to double philanthropic donations within three years in a bid to end reliance on government funding.

Sports will increasingly rely on philanthropic and corporate donations rather than government funding as part of a proposed 12-year shift.

The Sport 2030 report, released on Wednesday, calls for Australian sports to more than double their donation receipts within three years.

More than $44 million was raised through the Australian Sports Foundation in 2017/18, but the report calls for that to be $100 million in 2021 and $300 million in 2030.

"Sport Australia will work to secure the health of the Australian sporting sector by assisting sports to diversify their sources of revenue or alternative funding to provide greater sustainability and strategic flexibility," the report says.

The peak body wants to reduce the number of national sporting bodies that are more than 60 per cent reliant on government funding.

That means increasing the number of private sector partnerships in national sporting organisations by 50 per cent by 2025 and another 50 per cent by 2030.

In 2016 the Australian philanthropic sector was worth $12 billion but sport made up just 0.3 per cent of that figure.


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Source: AAP


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