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New Canaan Athletic Foundation reports $107,600 in player-fee collections and $3 million gift toward Capital Field expansion
Summary
The New Canaan Athletic Foundation reported increased player-fee revenue, enterprise-zone rental receipts, a newly hired executive director and delivery of a $3 million gift toward a $5 million Capital Field turf expansion, with construction timing still subject to weather and grading.
Mike Benevento, chairman of the New Canaan Athletic Foundation, told the meeting the foundation collected $107,600 this year in the player-use fee program and delivered a $3 million gift to the town toward an expanded turf footprint at Capital Field.
Benevento described the foundation’s operations and project work. Under a 2019 memorandum of understanding with the town, the foundation collects a $25 player-use fee from youth sports registrations; he said 50% of the fee is allocated to a turf-replacement endowment at the community foundation and 50% goes to an enhancements fund. "We collected on behalf of the town $107,600,"…
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