The Community Fund and the New Opportunities Fund were administratively merged on 1 June 2004 to create the Big Lottery Fund, which became a legal entity on 1 December 2006. Since 2004-05, the total annual Community Fund budget and approximately 40 per cent. of the New Opportunities Fund budget were allocated to the voluntary and community sector. From 2006-07, the Big Lottery Fund made a new undertaking to allocate 60-70 per cent. of its total budget to the voluntary and community sector. It will be reporting on its performance against this target in its annual report.
The Big Lottery Fund does not expect the balance of funding, on current commitments, between statutory and voluntary and community sector organisations to be affected following the statement by my right hon. Friend the Secretary of State on 15 March 2007.
We will, subject to parliamentary approval, transfer £1,085 million from non-Olympic lottery proceeds to the Olympic funding package. Of this, approximately £638 million will be transferred from the Big Lottery Fund. The remainder will be shared between 11 of the other 12 non-Olympic lottery distributors in proportion to their fixed shares of income from the lottery. However, no transfer will be made from UK Sport.
The amounts to be transferred from each non-Olympic distributor to make up this amount, rounded to the nearest £0.1 million, are detailed in the following table.
In addition, £750 million will be raised from Olympic lottery products and the five sports lottery distributors will distribute a further £340 million to maximise the benefit to British sport of hosting the games.
£ million Arts Council England 112.5 UK Film Council 21.8 Arts Council of Northern Ireland 4.5 Scottish Arts Council 12.5 Scottish Screen 1.8 Arts Council of Wales 8.1 Big Lottery Fund 638.1 Heritage Lottery Fund 161.2 Sport England 99.9 Sports Council for Northern Ireland 4.1 SportScotland 13.1 Sports Council for Wales 7.3 UK Sport 0 Total 1,085
Arts Council England
UK Film Council
Arts Council of Northern Ireland
Scottish Arts Council
Arts Council of Wales
Big Lottery Fund
Heritage Lottery Fund
Sports Council for Northern Ireland
Sports Council for Wales
The Big Lottery Fund will monitor its undertaking that 60-70 per cent. of its funding up to 2009 will go to the Voluntary Sector Scheme (VCS). It will report on progress towards this undertaking in its annual report. Following wide consultation, the Big Lottery Fund uses the HM Treasury definition of the “third sector”, which encompasses voluntary and community organisations, charities, social enterprises, mutuals and co-operatives in England, Scotland and Northern Ireland. In Wales it used the definition adopted by the VCS and the Welsh Assembly Government as part of the Voluntary Sector Scheme.