Report 12 : 2012-13
Community Benefit Funds: Grant management - Download the full report
Tabled in Parliament on 21 May 2013.
Between 1987 and 1996, four gambling and casino community benefit funds were established in Queensland. These funds invest in not-for-profit organisations to fund activities that benefit communities. The four individual funds are:
- Gambling Community Benefit Fund
- Jupiters Casino Community Benefit Fund
- Breakwater Island Casino Community Benefit Fund
- Reef Hotel Casino Community Benefit Fund.
A percentage of the tax revenues raised from gambling activities is paid into the Community Investment Fund and distributed to the four funds for allocation to not-for-profit community organisations. Since 1987, the four funds have paid out grants totalling $660 million to support 48 529 community projects and activities. The annual distribution is about $50 million, and the average approved grant $13 600. We examined the effectiveness of the administration of the community benefit funds.