6.3 SPONSORSHIPS AND DONATIONS
Background
Until recently the use of external funding for the Gardens' programs
was limited to applications for grants and similar support for
research and survey work. Fund-raising was not actively pursued
because the Gardens was unable to retain such income. Government
policy now permits the Gardens to retain and use income from a
broader range of sources. Gifts and donations can be accepted and in
certain circumstances the donor may qualify for income tax
deductions.
The Gardens has started to make use of its ability to raise funds in
this way. The Friends of the Gardens are currently the main source
of donation, having contributed funds to assist a range of programs.
One of the aims of the Friends is to raise funds to support the
Gardens' activities.
Management prescriptions
Objective
The objective is to seek new sources of funds to support the Gardens'
programs.
Implementation
Potential ways of increasing funding will be explored and implemented
where they are consistent with government policy and the aims of the
Gardens. Grants and similar support for research projects will
continue to be sought. Sponsorship of new developments will be
encouraged and acknowledged with naming rights or similar
recognition.
The Friends of the Gardens will continue to be an important mechanism
for attracting gifts and donations and their activities will be
strongly supported.