The nonprofit HUB Sports Center says it now has raised $1.8 million in its capital campaign aimed at generating $3.2 million so it can purchase its leased 66,000-square-foot multipurpose facility at 19619 E. Cataldo, in Liberty Lake.
Executive Director Phil Champlin says recent donations to the organization include $50,000 from Harriet Cheney Cowles Foundation, $25,000 from Washington Trust Bank, $10,000 from Yoke’s Fresh Market, $5,000 from Broadway Flying J truck stop, and $1,000 from Dishman Dodge Ram Chrysler Jeep.
“We are thankful to these organizations for their vision to provide the community with a permanent resource by securing the HUB Sports Center for future generations through the purchase of this outstanding facility,” Champlin said in a press release.
He said in January that the organization had received a sizable financial boost from an anonymous donor who had agreed to contribute a building and land valued at an estimated $1.1 million to the campaign.
The campaign remains about $1.4 million short of the sum needed to purchase the property, and a year-end campaign deadline is approaching, but Champlin says the sports center is continuing to pursue large donations, and still has naming rights available for various areas of the building. The campaign has an overall goal of $3.9 million, which includes $700,000 to endow current community outreach programs and future initiatives and to cover unforeseen costs.
An anonymous donor bought the building several years ago and donated it to the Inland Northwest Community Foundation. The foundation agreed to sell the property to the HUB Sports Center for the previously stated $3.2 million, or $300,000 less than the appraised value of the property at the time it was donated to the foundation, but said the organization must raise the money by the end of this year.
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