Browsing Golf Industry NewsVIEW ALL

Young Australians give back to help fund new generation

POSTED ON February 21, 2016 @ 12:04 pm

media&&15940&&original

Golf Australia chief executive Stephen Pitt has announced that the future of Australian golf will be partially funded by elite professionals under the body’s new innovative “Give Back” program.

“In essence, when graduates of our high performance squads reach a certain threshold in professional world rankings each year on the world’s top tours, they will put some of their earnings back into the GA high performance pot for the next generation,” Pitt told Golf Australia.

“We could not be prouder that our brightest young talent are effectively putting their hands into their pockets to say thanks to all those who’ve helped them achieve their professional goals.

“It says everything about them as people, not just athletes, that they’re prepared to help the next wave push through by giving them the same opportunities they received to reach their potential.”

Players who has been a Golf Australia national or rookie squads since 2015, has committed to be part of the ground breaking scheme.

Once men reach a world ranking of top 125 – and women top 50, a small percentage of their prize money will be donated to Australia’s high performance programs, and will in turn help develop new talents

Athletes will start giving back part of their winnings first after five years, and an equivalent sum to the funds they received through various programs as participants.

Players who won’t reach the ranking benchmark will not be obligated to contribute, and endorsement deals aren’t taken into account.

Australian PGA champion Nathan Holman turned professional in 2014, and is eligible to give back in 2019 and, at No.176 in the world rankings, is approaching the men’s threshold.

As part of the “Give Back” philosophy, Cameron Smith has shown his commitment by setting up a separate scholarship in his name and will give an annual $12,500 sponsorship to a player selected by him and Golf Australia’s high performance team.

The inaugural Cameron Smith Scholarship has been given to Golf Australia national squad junior member Louis Dobbelaar.

Source: Iseekgolf.com

 

Comments are closed.


CLICK HERE TO Sign Up for the GIC Newsletter for all the latest Industry News.

Please enter your details:

I am interested in:

  • News
  • Operations
  • Marketing
  • Recruitment / Jobs
  • Grow the Game
Golf Industry Central Grow the Game Central Golf Recruitment Central Golf Operations Central

Bright future ahead for Mornington Golf Club...

The iconic new Par 3 being built on...

UPDATE: Merger Proposal Could See Super Club Tee Off in Vict...

By Mathilda Andersson One of the largest lifestyle...

Daylight “saving grace” for golf in Queensland?...

By Mike Orloff In Australia, Queenslanders would know...

SEEKING: Golf Operations Assistant – Moore Park Golf...

Clublinks is one of Australia’s leading golf, leisure and residential service providers, through the provision of specialist services and industry expertise Clublinks...

Need marketing help but having trouble finding it?...

Hire a virtual marketing assistant. Is your club needing marketing assistance but don’t have the budget for a full or even part...

Bright future ahead for Mornington Golf Club...

The iconic new Par 3 being built on the cliffs of Port Philip Bay By Mathilda Andersson   One of the most...

BDO backs ISPS HANDA World Super 6 Perth...

Global accounting firm BDO have officially partnered with the inaugural ISPS HANDA World Super 6 Perth tournament to be held at Lake...

Greg Norman podcast on his business now and future...

The Shark joined the GOLF.com Podcast this week to discuss those various business ventures, his plans to shake up the golf industry and...

Golf Industry Unites In Support Of Women’s Golf Day Initiative...

New York, NY – On Wednesday, January 25 leaders from the Women’s Golf Day (WGD) initiative will host a news...

Asian Tour to enhance global reach with introduction of Live Stre...

The Asian Tour will expand its reach further afield with the introduction of live streaming for a selected number...

ECCO® Golf renews Asian Tour sponsorship...

Sentosa, Singapore, January 18: Leading golf footwear innovator, ECCO Golf, will extend its partnership with the Asian Tour as...

Greg Norman podcast on his business now and future...

The Shark joined the GOLF.com Podcast this week to discuss those various business ventures, his plans to shake up the golf industry and...

Industry stalwart David Townend launches Azalea Hospitality...

Azalea Hospitality introduces a fresh new approach for leisure developers and owners. Azalea Hospitality is a new full-service golf...