The History of Cuesports Foundation Limited
Cuesports Foundation Limited was formed with the aim of operating gaming machines in order to support various competitions and developmental programs around New Zealand.
As is the case in many things, over time it became apparent that while Cuesports Foundation Limited was indeed assisting developing players and upcoming talent, we were also in a position to assist other areas of the community.
The Cuesports Foundationís Authorised Purpose is any:
- charitable purpose;
- non-commercial purpose that is beneficial to the whole or a section of the community; and
- purpose to assist with the promoting, controlling and conducting of race meetings under the Racing Act 2003, including the payment of stakes.
This shall include, but not be limited to:
Grants to amateur sports teams, clubs and organisations which are affiliated to a regional or national body and which compete in recognised leagues and tournaments to assist with:
- the provision, maintenance and development of facilities and grounds, purchase of equipment, playing and training uniforms, trophies and modest tournament prizes (excluding cash prizes).
- the provision of coaching, training and development programs.
- actual and reasonable travel and accommodation expenses and entry fees for representatives participating in kindred groups (excludes payments to any team or player participating on a professional basis).
Grants to educational institutions to enable them to purchase equipment, books and educational aids and grants towards the construction of educational buildings not already covered by government funding.
The establishment of student scholarships, bursaries or grants to assist individual students to further their education provided such students are selected in a fair and open manner after public advertising.
Grants to recognised social service or welfare agencies to further the objectives of those groups.
All grants are limited to "not for profit" organisations within New Zealand.
No grant shall be made to any party which will result in a commercial advantage either directly or indirectly, to the member sites of Cuesports Foundation Limited.
When Cuesports Foundation Limited is in a situation where the funds available for distribution are less than the applications for funding received, the applications shall be dealt with in the following order/priority:
- Funding applications to assist with the promotion and development of amateur cue sports;
- Funding applications to assist with the promotion and development of amateur soccer;
- Funding applications to assist with the promotion and development of other amateur sports in New Zealand; and
- Educational grants and funding to assist non profit social service or welfare agencies in New Zealand.
For a list of some of the groups who have benefited from the community funds raised by Cuesports Foundation visit our recipients page.
If you would like to apply for a grant please visit our grant application page.
Stephen Williamson - Chartered Accountant
Karyn Adams - Chartered Accountant
Barry Roberts - Fireman
William MacGowan - Businessman