Economic Development News
Special Olympics Missouri receives $1 million challenge grant for Training for Life Campus
Capital campaign in final push toward completing fundraising, Chamber's Civic Progress Committee plays instrumental role
Published: Friday, May 27, 2016
By: Randy Allen
The Chamber was pleased to participate in a press conference held by Special Olympics Missouri for the purpose of announcing receipt of a $1 million challenge grant for Training for Life Campus to be built in Jefferson City.
We know the Training for Life Campus will have a great impact on our community and we're excited about helping Special Olympics Missouri reach its goal to make this project a reality. The campus will truly be a vibrant hub for our community.
From an economic impact standpoint, the SOMO Training for Life Campus is expected to bring between $227,000 and $378,000 per year to the Jefferson City economy.
The following statements are excerpts from their press release:
Special Olympics Missouri (SOMO) has received a $1 million challenge grant from the Mabee Foundation of Tulsa, OK, to put the non-profit one final step from being able to build the Training for Life Campus. With this grant, SOMO's capital campaign currently has raised $16 million in cash, pledges and in-kind gifts.
The total is enough to build the 44,000 sq. foot facility that will be the anchor of the campus. Fundraising for the outdoor fields and sports equipment will continue through the remainder of the year. SOMO still needs to raise an additional $2.8 million to ensure its athletes have the best facilities possible.
Final designs are being prepared and construction will begin in spring 2017. The campus construction is targeted for completion by summer 2018.