The Directory of Social Change (DSC) is calling on the government to return hundreds of millions pounds that will not be spent on the London Olympics to the Big Lottery Fund and ultimately to charities and community organisations.
Speaking on BBC Radio 4's Today programme this morning, Hugh Robertson MP, Minister for Sport and the Olympics said that "all being well we should be able to hand half a billion pounds back to the Treasury".
The DSC's Big Lottery Refund campaign aims to get £425 million of the money that was taken from the Big Lottery Fund to pay for the Olympics refunded to the Big Lottery Fund.
Jay Kennedy, Head of Policy at the Directory of Social Change, said: "It will be an utter outrage – and verging on money laundering – if lottery revenues raided by the Government to fund the Olympics go back to the Treasury. This money was taken away from supporting vulnerable people and communities across this country at a time when they needed it most. Government needs to keep its promises and do the right thing – any underspend must be used to refund the Lottery as soon as possible."
@BigLotteryRfnd on Twitter
The campaign has been busy using Twitter to promote its argument. Some of the tweets referred to Dame Suzi Leather's valedictory speech on leaving the Charity Commission where she said that the biggest risk facing charities was financial shortfalls.