Funding Application Process
Basketball Policy – Funding Applications
In the past some “basketball” related applications have been less than transparent in their purpose and actual spend. As a result of those questionable practices the general “basketball” fraternity was viewed with some suspicion.
BBNZ is taking a proactive stance on this matter and is implementing a more formal process in its role in respect of these applications.
Historically – The four major trusts mandated that letters of affiliation be provided by the national organization, in this case BBNZ. These particular trust fund providers were happy with this approach but BBNZ has now taken this process one step further to support internal governance practices, mainly around BBNZ affiliation requirements.
Future – BBNZ has been in liaison with the four major trust funders and has reassured them that the new process BBNZ has adopted will provide them with some comfort around applications received from BBNZ affiliated/associated entities.
BBNZ has now created a best practice to minimize the impact of such negative “perceptions” and this process will be adopted for all trust funders, not just the major four, to ensure consistency.
The process will be as follows:
Applicant to provide to BBNZ:
- Copy of application form and resolution with request for BBNZ funding letter. [BBNZ will not submit your application for you.]
- Can be sent by email, fax, or post. Emails preferred.
- Identify any application deadline dates. [The meeting of application deadline date is the responsibility of the applicant.]
- All correspondence directed to the Business Manager.
- Do not need to provide any quotes to BBNZ.
- BBNZ requests that you allow 10 working days to process such requests but does endeavour to provide these letters at the earliest possible opportunity.
- Each letter is specifically written for the one application. This prevents the repeated use of one letter for all applications.
- The letter is in three distinct parts.
- The initial paragraph confirms the applicant as a financial member of BBNZ.
- The second section mirrors the actual application being made – the amount and the purpose.
- The next section provides some general comments around the support of this activity in the community and the alignment with BBNZ development strategies.
This process will provide trust providers with comfort in the applications they receive from “basketball” related associations and that the national sports body, BBNZ, is aware of the application and its stated purpose.
This process will reduce misconception around basketball and trust funding and will improve as time moves on.