YMCA gains funding, looks to raise additional $5M
September 8, 2023 - The YMCA of Greater St. Petersburg is looking to close a funding round after raising $20 million for the new facility underway at 501 62nd Ave. NE. "While engaged in quiet fundraising, the YMCA raised approximately $20 million of a $25 million goal and we are determined to raise an additional $5 million to complete the YMCA portion of the project through community support,” YMCA Board Member Jane Link Ferguson, chairperson for the Y for Life Campaign, said in a prepared statement. “The building campaign for the new Speer YMCA is a key part of the YMCA's comprehensive fundraising strategy to include additional association wide capital improvements, endowment, expansion, redevelopment, programmatic expansion and support.” The Community Fundraising Campaign will be led by Alexandra Feinberg and David Hood, members of the board of directors. The Speer Foundation previously donated $8 million for the future 75,000-square-foot Speer YMCA campus that will open in December.