OUR COMMUNITY
OUR FUTURE
MADISON AREA YMCA 111 Kings Road • Madison, NJ 07940 973.822.9622 • madisonareaymca.org
FAMILY CENTER EXPANSION CAMPAIGN REPORT
EXCITING DEVELOPMENTS POINT TO A BRIGHT FUTURE Dear Friends, As a nonprofit community institution the Madison Area YMCA provides nearly $700,000 each year in financial assistance to those who would not otherwise be able to participate in the Y’s programs and services. Since opening our doors on Kings Road in 1962, our membership has more than doubled and our YMCA is bursting at the seams with activity. While we rejoice in this participation and growing membership, we also recognize that our current Family Center needs to be expanded in order to better serve the community now and in the future. To do this, the Board of Directors and management have undertaken a capital campaign to expand and enhance our Y. I am pleased to share the strong progress we have made in this regard. In January of 2018, we received approval from the Madison Zoning Board of Adjustment to move forward with our Y Family Center expansion plan. I am also delighted to announce that the Board has unanimously approved the $12M project budget. We are finalizing the expansion design with architects and our construction management team this fall, and our plan is to break ground in mid-2019. We have received more than $5.6 million in donations and pledges and are continuing to seek and secure major gifts. The plan is to expand opportunities for giving with a broader community campaign in early 2019. We are proud of our community’s generous giving and excited to continue the momentum. Thank you for helping to make our vision a reality. Scot Guempel Board Chair Madison Area YMCA
FALL 2018
FUNDRAISING UPDATE (As of November 1, 2018)
$5.6 MILLION
$62,632 85 $2,250,000 $1,059,190
To date, we have received over $5.6 million in donations and pledges in our initial “quiet phase” of fundraising and are continuing to seek and secure major gift opportunities. Average gift Total donors Two gifts of $1M+ Current Board of Directors giving
NEW SPORTS AND RECREATION CENTER
NEW EIGHT LANE COMPETITIVE POOL