Big Lottery Fund's Peter Wanless tells NAVCA Conference that the future for the fund will be a mixture of the old and new

Big Lottery Fund Chief Executive, Peter Wanless addressed NAVCA's 2008 Conference on 16 September and thanked NAVCA for helping him keep in touch with local groups. He told the conference that the future for the Big Lottery Fund may involve a mix of the old and the new. The old would be repeating tried and tested popular schemes such as 'Awards for All'. The new may include distributing non-lottery funds and providing loans and endowments as well as grants.

He said that Big Lottery Fund are a relatively small funder compared to other institutions. This means that deserving projects are not always successful as requests for funding will always outweigh the amount Big Lottery Fund can give. He acknowledged that the London Olympics will mean less funding in the run up to 2012.

Peter said that the 2006 Lottery Act, which gives Big Lottery Fund the power to distribute non-lottery money, may mean that the fund changes in the future. Parliament is currently looking at how to use dormant bank accounts and the Big Lottery Fund may be involved in distributing these funds. Peter also raised the prospect of the Big Lottery Fund using loans and endowments alongside grant funding in the future.

Following the speech, Kevin Curley Chief Executive of NAVCA, said
"It was interesting to hear Peter's ideas and I appreciate the offer he made to visit local groups. I was pleased to hear Peter say that they are prepared to keep supporting existing schemes. Hopefully, this can mean an increase for their Reaching Communities fund, so it can better meet the huge demand there is for it.

"I think local infrastructure groups need to work with the Big Lottery Fund, so together we can try and get the right funding schemes in place to support future need. NAVCA supports the changes Peter suggested today with the exception of the idea of introducing loans. The money for loans would reduce the amount available for grants. We are already seeing a reduction in grants across the board and this would make the situation worse. Grant funding is what local groups need".


See also

Podcast interview with Peter Wanless

NAVCA conference blog