TIPP CITY — The Tipp Pride Association (TPA) announced its official 501(c)(3) designation and has contracted with an engineering firm to begin design work for the new high school stadium.
“We’ve got it, and there’s nothing now holding us back,” Tipp Pride President Mashell Stith said of the volunteer organization’s official Internal Revenue Service designation. The organization formed last year to privately raise funds for a new stadium without asking voters to approved a bond issue or levy.
Being a recognized non-profit allows the organization to receive donations that will be tax deductible. This will also enable Tipp Pride to seek out and accept larger donations, as well as donations made from trusts, wills, estates and foundations.
At a meeting Tuesday night, the group discussed next steps, including engineering design work and fundraising goals.
According to Vice President Scott George, TPA has contracted with Alliance Engineering in Troy for the building and site design for the new stadium.
Alliance Engineering will be tasked with designing the buildings that will accompany the stadium, including the home and visitor locker rooms, home and visitor concessions, and restrooms. They will also assist the companies that will design the field, lighting and stands, George said.
Alliance Engineering’s design services are expected to cost between $50,000-$60,000. The final drawings are expected to be completed in August, George added.
He noted that the organization’s non-profit designation and final site plans are major keys to getting the kind of financial commitments the project needs.
As the project is bid out, the group will have a better idea of the actual cost of the project, TPA members said. It has been estimated at approximately $5.6 million.
Members of the group said that following the passage of the district’s renewal levy and the 501(c)(3) status, they are ready to go full steam ahead with fundraising.
TPA is planning several events for the next few months, including a mixed golf scramble on July 10. For more information about this event, visit www.tipppride.com/golf.
TPA has also introduced the T300 Club, the organization’s way of acknowledging early donors to the project. The first 300 individual donors to give more than $1,000 will be honored on a donor wall at the new stadium.
Naming rights to the stadium will be considered at a donation level of $250,000 or more.
The organization is also considering offering naming rights to the press box, as well as sponsorships and advertising opportunities on the score boards.
George said naming rights for the stadium could generate up to $2 million of the project.
For more information or to find out how to make a donation, visit www.tipppride.com/donate. Online donations can be made as one-time gifts, or as recurring monthly donations.
Funds raised by the Tipp Pride Association will go directly to fund the installation of new artificial turf, home stands, visitor stands, scoreboard, concession areas, locker-rooms (both home and visitor), restrooms, press box, sound and lighting.
Construction is scheduled to begin once the design phase has been completed, and the organization has raised a significant enough amount of donations in order to break ground.
Reach Cecilia Fox at firstname.lastname@example.org.