Fraser Valley Recreation Foundation helps obtain private financing for rec center | SkyHiNews.com

Fraser Valley Recreation Foundation helps obtain private financing for rec center

To the Editor:There has been a great deal of misinformation circling through the Fraser Valley rumor mill regarding the Fraser Valley Recreation Foundation and the new recreation center. We would like to state for the record who the Fraser Valley Recreation Foundation is and both what we are doing to improve the facilities at the recreation center and how we are raising money to pay for it.The bottom line is that the improvements we are attempting to add will be paid for ENTIRELY by private money raised through the Fraser Valley Recreation Foundation and the hard work of its board of directors.Description of the Fraser Valley Recreation FoundationThe Fraser Valley Recreation Foundation was formed in 2006 with a mission to provide health, wellness and recreation opportunities and facilities for all residents and visitors to the Fraser Valley. We accomplish this goal by focusing our efforts in two key areas: 1. Raising funds for new and improved facilities in the Fraser Valley Metropolitan Recreation District; 2. Providing scholarships to children and youth in the Fraser Valley to attend programs of the Recreation District. The Foundation is a 501(C)(3) organization that is an unaffiliated entity from the Fraser Valley Metropolitan Recreation District. Our funds are obtained from a number of sources, including grants from charitable organizations and tax-deductible donations from individuals and businesses.The Foundation is comprised of seven volunteer members who meet twice monthly to address scholarships for the Fraser Valley Metropolitan Recreation District participants and fundraising for the recreation enhancement projects for the community. We are working hard to research and secure donations and grant monies so that the Fraser Valley has a recreation center of which our community can be proud. Prioritized Recreation Center EnhancementsCurrently, we are in the process of securing funding through foundation grants for an enhancement to the swimming pool that would upgrade the facility to competition-level. The improved facility will allow our youth, adult, and masters swimming programs to have appropriate training facilities and times for training; in addition, the Fraser Valley will be able to host swim meets an impossibility with the current swimming pool. The Foundation is also fundraising for the addition of a 2-lane walking track that will be above the multi-purpose gym and gymnastics studio. Many community members have expressed interest in the walking track, particularly for exercise opportunities during inclement weather. The indoor walking/running track will offer recreational opportunities for everyone, including seniors, disabled persons, parents with strollers, and cross-country/track athletes. Fraser Valley Recreation Foundation Fundraising for the Recreation CenterThe swimming pool enhancement and the walking track addition have been prioritized because they are cost-prohibitive and structurally prohibitive to add after the completion of the recreation center. Additionally, the bottom line with these projects is this: The monies raised are from private foundations and will not increase your taxes. The Operation & Maintenance Budget will either not be affected or has been considered in the current budget. To date, the following grants/donations have been received or committed:1. Lennox Foundation (2008) $300,0002. Lennox Foundation (2007) $3,8003. Lored Foundation $50,0004. Rendezvous Foundation $100,0005. Town of Winter Park $100,0006. Gates Foundation $50,0007. Private Donations $25,000The following donations have been received by or committed to the Fraser Valley Metropolitan Recreation District:1. Big Valley Construction $62, 3782. Cornerstone Holdings $4,200,000In addition, the Foundation has $325,000 in pending grant money.Information about the Foundation’s activities and fundraising efforts can be found online at fvrecfoundation.com. The Foundation encourages you to check our updates and contact us with any questions. Through this concentrated fundraising effort, we are simply hoping to expand the recreation opportunities for our entire community. The Fraser Valley Recreation Foundation

Go back to article