Big Lottery Fund - "Additionality" Principle

"Additionality" Principle

According to its Annual Report, Big Lottery Fund uses the following definition of "additionality": "Lottery funding is distinct from Government funding and adds value. Although it does not substitute for Exchequer expenditure, where appropriate it complements Government and other programmes, policies and funding."

Read more about this topic:  Big Lottery Fund

Famous quotes containing the word principle:

    “The principle of all sovereignty resides essentially in the nation.”
    —French National Assembly. Declaration of the Rights of Man (Sept. 1791)