Supplementary memorandum submitted by
the Heritage Lottery Fund
The Government recently announced that there
will be an additional allocation of £675 million of Lottery
money from the existing Good Causes to fund the London 2012 Olympics.
For HLF this amounts to a further deduction
from income of £90 million—over and above what it had
already planned for. In total this represents a £161.2 million
cash loss from heritage to the Olympics, plus the diversion of
resources through the special Olympics Lottery games.
This is undoubtedly a blow to the UK's heritage.
HLF's grant-making for the foreseeable future will now be seriously
reduced, affecting people right across the United Kingdom. In
recent years Lottery money has been the single largest source
of support not only for historic places, museums and galleries
but also for natural heritage and cultural history. Heritage funding
was already due to drop because of the Olympics and this further
cut will impact on HLF's ability to invest in the nation's heritage
at exactly the time that it is being showcased to the world in
2012.
HLF had planned to distribute £220 million
in new awards in 2008-09, falling to £180 million per annum
in the run up to the Olympics (2009-12), with budgets returning
to around £220 million per annum after 2012.
HLF now expects to manage the reduction in its
budgets over a longer period. This means it can avoid sudden peaks
and troughs in funding and will still distribute £180 million
pa from 2009. Existing commitments will be honoured in full.
HLF is committed to ensuring that the impact
on applicants and grantees is minimised as far as possible. It
will publish its plans for 2008-13 in July this year.
April 2007
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