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Olympic Games 2012: Finance

Volume 469: debated on Monday 10 December 2007

To ask the Secretary of State for Culture, Media and Sport what proportion of Olympics Legacy Trust funding will be spent on (a) cultural activities and (b) sporting activities. (172081)

The £40 million endowment for the Legacy Trust is made up of a £6 million grant from DCMS, £5 million from Arts Council England (ACE), £5 million from the Big Lottery Fund (BiG), and £24 million from the Millennium Commission (which has since been transferred to BiG). In its bid for this endowment, the Legacy Trust stated its aim is to spend approximately (a) 70 per cent. of its funding on cultural projects and (b) 30 per cent. on sporting projects. The trust also stated its aim to support programmes, where possible, that span both arts and sport.

The trust plans to support a small number of national programmes, including the UK School Games, a schools cultural programme, and the World Festival of Youth Culture (working title). There will be one further UK-wide programme (currently under discussion) which will focus on a cultural theme with specific communities and volunteering elements.

The remainder of the endowment (approximately 50 per cent.) will be distributed throughout the three nations (Scotland, Wales and Northern Ireland) and nine English regions. The ideas for programmes will come from the regions and nations themselves, but the trust is advising them that they should broadly aim for a 70 per cent. culture and 30 per cent. sport split.

While the trust will focus on culture and sport, it is within its remit to support programmes that could be classified as education or physical activity (well being), and to use culture and sport to raise issues of environmental sustainability.