by The Bedge » Thu Dec 03, 2015 9:51 am
Okay.. I'll use Ingle Farm as my example to reply to your suggestions.
The IFFC is part of a sporting club made up of various sports - darts, netball, basketball, cricket, junior football, 8-ball, golf, fishing - the sporting club overseas all programs and facility management is maintained and upgraded by the sporting club out of a separate set of funds - not impacted in anyway by how much money each member program may have in their account.. so save our money and it just sits in the bank for a rainy day.
In terms of developing a junior program, Ingle Farm have a reasonable junior structure which is growing - also it is run separate to Senior footy with a separate bank account and budgets. Our junior football is extremely good and building up funds, which in return they pump straight back into junior football and the kids through equipment, merchandise, end of season presentations, xmas shows etc. etc. Once again, any money raised or earned by the senior football does not impact junior football and what they're doing.
We have a group of private sponsors who are apart of the "Farmers Forever" group - they pay $10 a week which goes directly to senior football to utilise how we see fit, we also have a large number of sponsors who help us to field our 3x senior teams + women's team each season. From these funds we set our footy budget and make sure our bills are covered, balls are bought, jumpers etc are sorted.. the remainder of the money is ours to use as we choose.
We don't need to offer $$ to attract players, but it's definitely a handy position to be in SHOULD WE NEED TO - as it is, all our funds are pumped back into our junior footballers coming through to seniors to make the transition easier and encourage them to stay.
We are a not for profit organisation, there is no value in us building up a war chest of money to sit in the bank, we spend what we need, keep some reserves and the rest is there to be spent.
Dolphin Treasure wrote:Your an attention seeking embarsement..