Investment Framework
In November 2010 the SPARC (now Sport NZ) Board discontinued the process of formally "recognising" national sport and recreation organisations. Sport NZ has developed an investment framework that sets out a new approach for investing in national sport and recreation organisations.
- Investment principles and eligibility criteria – does the organisation have the attributes that Sport NZ is looking for in an investment partner and does it have the capability to receive and manage public monies;
- Funding criteria – can the organisation achieve significant and relevant impacts in one of Sport NZ’s investment areas (e.g. community sport, high performance sport, recreation).
The total amount of funding available is not changing, and we will continue to target organisations that can most effectively and efficiently deliver on Sport NZ’s priorities of getting more kids in sport and recreation, more adults in sport and recreation, and more winners on the world stage. Organisations need to understand that meeting the criteria does not guarantee investment and will be subject to meeting the criteria, and the availability of specific investment funds.
This does not currently apply to regional organisations such as RSTs or territorial authorities. These organisations can still apply to Sport NZ for investment.
Sport NZ will receive applications for eligibility twice a year. The next date for receiving applications is between 1 and 31 August 2012. Please do not submit your application prior to 1 August 2012.
If you have any questions regarding the eligibility application process please contact Craig MacFarlane (craig.macfarlane@sportnz.org.nz).
Investment principles
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Investment Principles |
Description |
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Capability |
Investing in strong, capable partners |
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Performance |
Investing in organisations that have a strong performance record of delivering on outcomes. |
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Priority |
Prioritising investment that helps to achieve the government sport and recreation priorities. |
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Return/impact |
Investing for a strong and measurable outcome |
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Value for money |
Investment should be focussed on organisations that represent the most effective and efficient use of funding to achieve Sport NZ’s desired outcomes. |
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Avoiding duplication |
Investing in partners who support cohesion and collaboration in the sport and recreation sector. |
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Partnership leverage |
Investing in organisations that attract other investment and can leverage the value of Sport NZ’s investment. |
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Evidence of effectiveness |
Reviewing the effectiveness and efficiency of investment through robust monitoring and evaluation. |
Eligibility Criteria
At this stage only national sport and recreation organisations will be required to demonstrate that they meet eligibility criteria in order to receive investment from Sport NZ. Organisations that were previously recognised and that currently receive investment from us will be grand-parented under the former recognition process for up to two years.
There are two categories of criteria that we will be considering. Our eligibility criteria include a mix of mandatory and evaluative criteria, and reflect basic requirements of good governance and management of public funding. Some requirements are only applicable to sport organisations.
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Category One: Mandatory |
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Participation and Performance
The organisation has a focus on increasing participation and/or winning on the world stage. |
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Lawfulness
The organisation:
- complies with the World Anti-Doping Code and accepts the jurisdiction of the Sports Tribunal (or has acceptable policies in place for addressing disputes)*.
- has current status as an incorporated society, registered charity, or charitable trust.
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Accountability/Partner Capability
The organisation:
- has management systems that are responsive to addressing any concerns;
- is able to provide financial reports that have been audited or subject to an engagement review by a chartered accountant for the previous three financial years of its existence;
- has the capacity and capability to provide accurate reporting on participation and performance; and
- has an acceptable strategic plan covering three or more years.
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Category Two: Evaluative |
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Promotion, supporting or delivering sport and/or recreation is a core function
- To what extent does the organisation focus on the delivery of sport and/or recreation outcomes?
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Organisational structure
- Is it a national body?
- Can other organisations affiliate to it?
- Does the organisation perform a coordination role across similar organisations in New Zealand?
- Is the organisation structured in a way that provides a cohesive and collective approach to sport and recreation administration?
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International Linkages
- Is the organisation affiliated to, and recognised by, an international federation where one exists?
- Is the organisation affiliated to the New Zealand Olympic Committee*?
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Participation and/or performance
- How well does this organisation perform on increasing participation?
- What have been the participation figures for the previous three years?
- How well does the work of the organisation tie in with government priority of more New Zealanders winning on the world stage?*
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Supporting sport and recreation
- How well does the work of the organisation tie in with the government priority of more New Zealanders participating in supporting and delivering sport and recreation opportunities?
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Partnering
- How successful has the funding relationship been between the organisation and its funders, including Sport NZ?
- How well has the organisation partnered with other organisations?
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Sustainability
- Barring any Sport NZ investment, is the organisation able to generate sufficient financial resources to meet its administrative commitments without compromising its reserves or ability to carry out its mandate?
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* Only applicable to sports organisations.
Addressing eligibility requirements
For NSOs or NROs that have had Sport NZ recognition and are currently receiving Sport NZ investment you will have up to two years before your organisation needs to address eligibility requirements. If your organisation has Sport NZ recognition but has not received any investment in the past two or more years please contact your Contact or Relationship Manager to discuss requirements.
For NSOs or NROs that have not had Sport NZ recognition, you will have to show you meet the eligibility criteria before you can apply for any investment.