Greenwich Skating Club

P.O. Box 569

Greenwich, CT  06836-0569

$1,100,000 Capital Campaign Update

March 8, 2016

Dear Member,

We are nearing real change at GSC!  We will be in the final stages of awarding contracts shortly for three distinct projects: 1. Bringing the water main and natural gas down Cardinal road, 2. Demolition of the existing clubhouse and 3. Construction of the new clubhouse.  The Board anticipates awarding these mandates early this month and demolition is expected to occur not too long afterward.

Similarly, we have made significant progress on the capital campaign.  The Club has received approximately $140,000 in additional commitments since the end of January and more than 180 current and former members, coaches, faculty and friends have participated towards our financial, as well as “participation-oriented” goal.  The campaign is now just over 90% of the goal with over $1,000,000 in pledges to date.  As before, the expanded list of members and friends of the club will be recognized in the new clubhouse for their support below.

We still have about $100,000 to go to meet our goal.  Don’t miss your chance to be memorialized in the new clubhouse for your contributions to such a great cause for generations to come!  Surpassing the goal will further enhance the financial security of the project and will allow the Board to prudently manage the project with lower levels of debt.

Please visit the website for more updated project information and instructions for giving or reach out to Barbara Williams, bwilliams@gcds.net or members of the Board or Capital Campaign Committee for further instructions.

Please note that the GSC is a 501(c)7 tax-exempt organization.  As a result, we do NOT believe that your gift would qualify for a tax deduction under income tax laws. Obviously, you should confirm this with your tax advisor.

If you should have any questions related to the capital campaign, the construction project or any other GSC matters, please feel free to reach out to anyone on the Board or the Capital Campaign Committee.

Sincerely,

GREENWICH SKATING CLUB BOARD OF GOVERNORS

GSC Capital Campaign Supporters through February 2016

(Member Pledges Received)