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
Sky2013logo

Sky NZ announces coverage of golf championships in UK...

Sky New Zealand has announced that it has...

2016-07-02_0934

Asian Tour partners Bloomberg Television and Bloomberg Busin...

Sentosa, Singapore, June 30: The Asian Tour, the...

2016-06-30_0904

Golfing great Greg Norman lists his Colorado ranch for $73 m...

Australian golfing great Greg Norman has had another...

SEEKING: Chief Executive Officer – Cottesloe Golf Club...

2016-07-02_0946

Cottesloe Golf Club is one of the leading and reputable private golf clubs in Australia.  Located in Swanbourne, Western Australia, Cottesloe Golf...

Sky NZ announces coverage of golf championships in UK...

Sky2013logo

Sky New Zealand has announced that it has secured continuing coverage rights to The Open, The Senior Open Championship, and The Women’s...

SEEKING: Chief Executive – Royal Wellington Golf Club...

logo

Outstanding Premier Golf Club Leadership Opportunity Pivotal relationship and engagement role Venue for forthcoming top international golf tournament   The Royal Wellington...

SEEKING: Events Coordinator – Golf NSW...

golfnsw_540

Department: Golf Department Reports to: Events Manager and General Manager, Golf Direct reports: None Role type: Permanent An exciting opportunity exists for...

Golfing great Greg Norman lists his Colorado ranch for $73 millio...

2016-06-30_0904

Australian golfing great Greg Norman has had another shot at selling his Colorado estate, Seven Lakes Ranch. It’s now listed for $US55...

Jason Day withdraws from Olympics

2016-06-29_0952

World No. 1 Jason Day has officially withdrawn from the Olympic Games at Rio De Janeiro due to health...

Asian Tour partners Bloomberg Television and Bloomberg Businesswe...

2016-07-02_0934

Sentosa, Singapore, June 30: The Asian Tour, the official regional sanctioning body for professional golf in Asia, is pleased...

FLC Group to Build 20 Golf Courses in Vietnam...

2016-06-23_1722

Hanoi, Vietnam, June 23 — Publicly-listed Vietnam company, FLC Group, has announced plans to build 20 new golf courses...

Golfing great Greg Norman lists his Colorado ranch for $73 millio...

2016-06-30_0904

Australian golfing great Greg Norman has had another shot at selling his Colorado estate, Seven Lakes Ranch. It’s now listed for $US55...

Flexible new solution to attract and retain today’s member...

miclublogo

MiClub’s new membership module, a points-based Lifestyle Membership, is designed to give clubs more flexibility to attract and retain...