NORTH BATTLEFORD - North Battleford council got an update Monday night about where things stand with the 2018 Saskatchewan Winter Games Legacy Fund.
At their meeting Monday, council heard from Rob Rongve, David Schell and Kathy McNinch who provided the numbers.
When the legacy fund was established, on Jan. 22 2019, a total of $224,192.29 was deposited to RBC bank account. The fund has progressed since then with grants given out in the fall and spring of every year starting in 2019.
There have been fluctuations in the stock market with the market value of the fund as high as $275,393.00 at year end 2021.
That took a hit down to $226,700 by the end of 2022, but it is now back on the rise. The market value at Mar. 31, 2023 is reported at $233,289.
For the period Oct 1, 2022 - Sept 30, 2023, the fund reported providing $10,807.00 in grants made available for Fall 2022 and Spring 2023, and also reported a $4,053 admin fee.
In general, the fund has held up well and that has also provided for the grant that goes out in the spring and fall each year,” said Rongve.
There are two grant cycles each year with deadlines of May 15 and Nov. 15.
Grants for this most recent period had gone out to Battlefords SCUBA for $3,000 to introduce scuba to 100 high school students, $1,000 to Battlefords United FC for field house rental, $1,500 to Battlefords Volleyball Club for upgrading to regulation volleyballs, and in May $5,307 to Battlefords Minor Baseball for equipment at Blue Jays Diamond at Don Ross Centre.
Other groups that have received funding over the years have included Twin Rivers Curling Club, NB Water Doves, Skate Battleford, Battlefords Minor Softball, Battlefords Youth Soccer and Ecole Pere Mercure.
