Basketball Finland – We Deliver fund
We Deliver Fund is a joint venture between Basketball Finland, PostNord Oy, and the Finnish Basketball Foundation. Through the Fund, a growing network of sponsors is able to provide scholarships and financial support to cover basketball related expenses for disadvantaged families with children.
This planet act demonstrates how two organizations can work together towards a common goal and lower the cost of hobby participation and increase the opportunity for families to partake. This type of Planet Act can be widely replicated by all types of organizations.
To support disadvantaged families with children on basketball related costs. The Fund is also a significant part of PostNord Oy’s social responsibility operations.
The first We Deliver Fund scholarships were issued in January 2019. In all, the Fund has provided financial support of 85759€ to 357 families through five application rounds. During these two years, altogether 1141 applications have been processed.
Financial support can be applied to cover for example club season expenses, new basketball equipment purchases, or tournament and practise camp expenses. The scholarships are seasonally bound, and can be applied twice during the basketball season. The maximum support per season is 500€ per applicant.
In order to be applicable for the scholarship, the family has to provide requested financial background information (taxation resolutions), and all available information is revised. The decided scholarships are then issued by the Finnish Basketball Foundation, which is entitled to donate financial support to private individuals.