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Since it was set up in 1994, the Heritage Lottery Fund has awarded £3.8 billion of funding to some 24,000 projects covering all types of heritage with a wide range of benefits. The Fund operates within a framework of policy directions issued by the Department for Culture, Media and Sport and currently distributes one sixth of the money raised by the National Lottery for good causes. Following on from a NAO report (HCP 323, session 2006-07; ISBN 9780102944624) published in March 2007, the Committee's report looks at how the money has been spent, what has been achieved, and the effectiveness of the grant-making process to ensure value for money. Conclusions reached include that the Fund has s...
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