Golf Classic’s record profit

Press, Volume CXII, Issue 32862, 10 March 1972, Page 20

Golf Classic’s record profit

The Intellectually Handicapped Children’s Society in Canterbury will benefit by $9626 from the 1971 Christchurch Garden City Golf Classic.

Mr W. Ainger, the treasurer of the organising committee, told last evening’s annual meeting that the sale of 46 $2OO and 67 $lOO sponsorships had led to an increase of income amounting to about $4OOO. Expenses had been contained at $24,000.

Even though only 15 holes had been sponsored—and and some of these on a syndicated basis—the income had risen considerably, Mr Ainger said. In his annual report the chairman (Dr W. R. Holmes) said that the success of the classic was largely attributable to “the lesser sponsorships. “One only has to glance at the balance sheet to see where the money came from,” he added. CLASH ON FUNDS

"The sales form did not have a particularly easy task. We did not expect the Commonwealth Games organisation to mount major fundraising campaigns until 1972, but we soon found out differently.” The profit achieved had been between $2OOO and $3OOO more than budgeted for. Favourable weather conditions and the exceptional performance of the United States professional, Jerry Heard, had contributed to the success of the venture. Dr Holmes said that although the support of the Christchurch public was “ultimately obtained, it would have been of greater help had they shown their courage earlier.”

DOUBLED OTAGO Although all 18 holes had been sold, at twice the cost, for a similar tournament in Otago, Christchurch had

doubled the profit of its southern counterpart, Dr Holmes said. This proved that the measuring of holes sold from a financial aspect was a false guide: what really mattered was how much money was raised by various means.

This was the first time that the Christchurch Lions Club had been associated with the Round Tables of Canterbury in organising the project and Dr Holmes said that the excellence of the co-operation had been evident in the clear understanding of each committee’s responsibilities.

The Intellectually Handicapped Children Society’s day-care centre appeal would receive 90 per cent of the profit. The other 10 per cent is to be donated to the I.H.C. in Ashburton, apart from $lOO for the society’s Timaru branch. The management committee will decide the 1972 charity in the near future.

Officers elected were: Patron, Mr R. J. Charles; chairman Dr Holmes; secretary, Mr D. J. Craze; treasurer, Mr Ainger; liaison officer, Mr K. Flood; works convener, Mr A. Horler; tournament director, Mr B. Edwards; social director, Mr T. Smither; publicity chairman, Mr H. Manning; sponsorship convener, to be elected by the management committee.