CONSIDERATION DETAILS

The Board considers applications on a monthly basis (apart from January) and meets on the third Tuesday of each month. Directors of the Board are:

1. The objectives and policies of Mt Wellington Foundation Ltd and specific statement for authorised purposes.
2. The general legislative and regulatory criteria including the Gaming (Class 4 Net Proceeds) Regulations 2004.
3. That the allocation of all grants falls within the Society's gaming machine licence which states:
   "Any charitable, non-commercial purpose that is beneficial to the whole or section of the community within the Auckland region. This shall include but not be limited to:
   
   Charitable purposes, including any purpose beneficial to the community and which shall include organisations supporting amateur sports, arts, cultural or philanthropic to the extent it is charitable, activities within the Auckland region to further the objectives of those organisations.
   
   Non-commercial purposes that are beneficial to the whole or a section of the community within the Auckland region."
4. Careful consideration of each application against the anticipated community benefit plus the following factors need to be taken into account:

   i) whether the grant will benefit the local community and/or whether the membership of the organisation resides within the local community;
   ii) the background and membership of the organisation and that its activities and/or project fall within authorised purposes;
   iii) assessment of the overall community benefit that will arise and the potential number of beneficiaries, the applicants overall budget and funding request, and overall funding for the project includes a demonstrable contribution from the organisation's own resources;
   iv) to take into account whether there have been adverse audits of any grants made to the applicant organisation previously;
   v) the possibility of funds being misdirected to the detriment of the intended community benefit;
   vi) grants received by the applicant from the Foundation or where known, from other gaming societies during the past 12 months.
   vii) fees or benefits that might accrue to any professional fund raisers involved with an application;
   viii) any commercial gain that might accrue directly or indirectly to venue operators;
   ix) other organisations from which funding is being sought, i.e. that will enable the project to proceed;
   x) that the application is future focused and not retrospective;
   xi) that, if the grant is approved, the money will be used within 3 months or very soon afterwards or alternatively there must be a programme in place for the project to be completed within the foreseeable future.
   xii) the provision of appropriate financial information.