GAMING REVENUE FUND
The Gaming Revenue Fund (GRF) is a program that provides Curve Lake First Nation with the opportunity to access funding allocated from the Ontario Lottery and Gaming Corporation (OLG) in an effort to enhance our First Nation. OLG revenue is provided to Curve Lake First Nation through an agreement that is managed by the Ontario First Nations Limited Partnership 2008 (OFNLP 2008).
Each year the budget is divided up proportionally to ensure adequate distribution for potential Community based project(s). By Percentage, the present allocations as follows:
|Administration of the Fund||5%|
Projects supported must benefit Curve Lake First Nation and fit one of the five designated areas of Health; Education; Community Development; Cultural Development; and Economic Development.
Fund Goals and Objectives are:
- That the GRF is approved and managed by members of Curve Lake First Nation.
- To provide access to financial resources to assist Applicants in achieving desired goals and objectives for the betterment of the First Nation.
- To financially support community projects/activities that do not have adequate sources of funding and to enhance those that do.
Many key elements are involved with ensuring the Fund is properly managed and administered annually. They are:
GRF Administrator: The Administrator is responsible for the daily management and administration of the Fund. The Administrator is also tasked with the responsibility of assisting applicants whenever possible to ensure applications are projects are complete and managed properly.
GRF Committee: The GRF Committee oversees the community directed spending of and reporting on specified gaming revenues received by Curve Lake First Nation (Ontario First Nation Limited Partnership Agreement and Ontario Lottery and Gaming Corporation and any interest derived from CLFN investment of gaming revenues.
It is important to note that the GRF Committee meets monthly to review projects.
GRF Applications: New Applicants should meet with the Fund Administrator prior to completing a Statement of Intent and Application form. Applications must be received by the 15th of each month.
Gaming Revenue Fund Administrator
Curve Lake First Nation